2.2.5 Quiz: Journal Entries, Worksheets, and Unadjusted Trial Balance Questlon 8 of 10 Mabel, an accountant, discovers that an analyzed transaction has not been entered into the books. At what step in the accounting cycle is she most likely to make this discovery?

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Select the best answer for the question. 17. Which one of the following accounts would not appear on a post-closing trial balance? H O A. Owner's Drawing account B. Interest Receivable account C. Cash account O D. Mortgage Payable account Mark for review (Will be highlighted on the review page) > घ O Ï

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Errors can occur in posting debits and credits from the journal to the ledger. One way to detect errors is by transferring the balances in each account to summary report called the _____________________ and by adding the debit column and the credit column to see if the totals equal (or balance). Group of answer choices ledger journal balance sheet trial balance

Hello can you answer questions 4, 5, and 6 please. I want to make sure I have it right, thanks!

A trial balance: lists only revenue and expense accounts; lists all accounts and their balances. will help detect omitted journal entries. detects all errors that could be made during the journalizing or posting steps of the accounting cycle.

Multiple choice

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Exercise 11-30 (Algo) Impairment; property, plant, and equipment [LO11-8] General Optic Corporation operates a manufacturing plant in Arizona. Due to a significant decline in demand for the product manufactured at the Arizona site, an impairment test is deemed appropriate. Management has acquired the following information fo the assets at the plant: Cost Accumulated depreciation General's estimate of the total cash flows to be generated by selling the products manufactured at its Arizona plant, not discounted to present value The fair value of the Arizona plant is estimated to be $11,500,000. Required: 1. Determine the amount of impairment loss. 2. If a loss is indicated, prepare the entry to record the loss. 3. & 4. Determine the amount of impairment loss assuming that the estimated undiscounted sum of future cash flows is (3) $12,500,000 instead of $15,200,000 and (4) $19,750,000 instead of $15,200,000. Complete this question by entering your answers in the tabs below. Req 1 Req 2…