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.
Transaction Entry Steps. The accounting cycle begins with recording financial transactions. Although this begins the accounting cycle, transaction entry may occur at any time prior to closing the accounting period. Entering all transactions assures a complete record for the accounting period. Accounting transactions require a source document.