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.
Regardless of the type of transaction, the accounting equation must stay balanced. The Expanded Accounting Formula. The expanded accounting equation shows the relationship between the income statement and the balance sheet. The Owner's Equity component of the accounting equation can be broken down into two parts - revenue and expenses. So far, the accounting equation has focused on the components of the balance sheet.