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 following discussion breaks the accounting cycle into the treatment of individual transactions, and then closing the books at the end of the accounting period. The accounting cycle for individual transactions is: 1  Identify the event that is causing an accounting transaction. 2  Examples of such events are:he following accounting cycle steps are only used at the end of the reporting period, and are associated with the aggregate amounts of the preceding transactions: 1  Prepare a preliminary trial balance, which itemizes the debit and credit totals for each account.