This is harmless. In the unlikely event that BOTH OF YOU. HAVE HEMOGLOBIN E TRAIT, in every. pregnancy there is a: â¢ 1 in 4 (25%) chance to have a baby with. only the usual hemoglobin A. This is. normal. â¢ 1 in 2 (50%) chance to have a baby with.
The Accounting Process. (The Accounting Cycle) The accounting process is a series of activities that begins with a transaction and ends with the closing of the books. Because this process is repeated each reporting period, it is referred to as the accounting cycle and includes these major steps: Identify the transaction or other recognizable event.
Accounting equation. The basic accounting equation, also called the balance sheet equation, represents the relationship between the assets, liabilities, and owner's equity of a business. It is the foundation for the double-entry bookkeeping system. For each transaction, the total debits equal the total credits.