The 4 chromosome is so small, constituting only about 5% of the total genome, that, for all practical purposes, it can be ignored. Thus, almost the entire genetic content of the. Drosophila genome resides on only three chromosomes: X, 2, and 3.
The accounting equation can be expressed in 3 ways: Assets = Liabilities + Ownersâ Equity. Liabilities = Assets â Ownersâ Equity. Ownersâ Equity = Assets â Liabilities. If you know any two of the amounts you can calculate the third. Business Transactions occur on a daily basis as a result of doing business.
What is the Accounting Equation? The accounting equation, also called the basic accounting equation, forms the foundation for all accounting systems. In fact, the entire double entry accounting concept is based on the basic accounting equation. This simple equation illustrates two facts about a company: what it owns and what it owes. The accounting equation equates a companyâs assets to its liabilities and equity. This shows all company assets are acquired by either debt or equity financing.