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.
The 8 steps in an accounting cycle are Record transactions in journal. Post transactions to ledger accounts. Prepare adjusting entries at end of fiscal period and post to ledger accounts. Prepare summary of account balances. Prepare income statement from revenue and expense account balances.