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You are a doctor specializing in genetic diseases. A married couple comes to see you for genetic counseling. The woman has the disease PKU, the symptoms of which she manages by diet. The man and woman are first cousins and would like to know the probability that any of their children will have the disease. What would you tell them?
Normal Balance
The side (debit or credit) of an account that is increased, reflecting the account's natural balance.
Asset Account
An account that records the value of assets owned by a company, such as cash, inventory, and equipment.
Financial Statement
A record that details the financial activities and conditions of a business or individual, commonly including the balance sheet, income statement, and cash flow statement.
Financial Statement
Formal records of the financial activities and position of a business, individual, or other entity, typically including the income statement, balance sheet, and statement of cash flows.
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