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 for the assets at the plant: $37,500,000 14,700,000 16,000,000 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 $13,500,000. 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) $14,500,000 instead of $16,000,000 and (4) $23,500,000 instead of $16,000,00.

Please help me with show all calculation thanku

2. Add two new expense accounts to the chart of accounts you prepared. Assign each account numbers based on where they would be placed in the chart of accounts. Miscellaneous Expense Utilities Expense Answer: Type answer here. 3. Prepare a T account for each transaction. Label the account title for each account affected. Use the chart for accounts you created in question 1. Write the debit and credit amounts for each T account to show how the accounts are affected. The first one is done. c. Received cash from owner, Roger Fisher, as an investment, $10,000.00 d. Paid cash for insurance, $ 2, 400.00 e. Bought supplies on a account to Salmon Slayers, $600.00 Paid cash for fuel, $500.00 Paid cash to owner, Roger Fisher, for personal use, $1,250.00

Match each of the five items listed below with one of the following​ locations: 1. Located on the Income Statement debit column of the worksheet 2. Located on the Income Statement credit column of the worksheet 3. Located on the Balance Sheet debit column of the worksheet 4. Located on the Balance Sheet credit column of the worksheet                                               a. Sales Returns and Allowances                                               b. Accrued Salaries Payable                                               c. Sales                                               d. Merchandise Inventory                                               e. Accounts Receivable   a. Sales Returns and Allowance     1. Located on the Income Statement debit column of the worksheet   2. Located on the Income Statement credit column of the worksheet   3. Located on the Balance Sheet debit column of the worksheet   4. Located on the Balance Sheet credit column of the…

An accounting entry that is characterized by having multiple debits and/or multiple credits is called a entry. A. chart of accounts O B. compound journal O C. posted O D. balanced Click to select vour answer.

Subject - account  Please help me.  Thankyou.

In the columns Below insert the entry that would be made for each transaction under each accounting basis use an appropriate debit and credit account titles

Instructions: For this assignment you'll chose three different relationships (A, B, and C ) from the trial balance (a relationship = 2 or more accounts) and hypothesize at least two reasons we see the change we do, as well as if you think RMM should increase, decrease or remain neutral. Use your GAAP knowledge and your business acumen to appropriately address what may or may not be expected. You are free to use any information available to you either via the memos or the competitor financial statements.  Don't know where to begin? Hint: It is useful to first figure out what the company does...

please both questions answer fast please I humble request to and no plagiarism please

Please do not give solution in image format ? And Fast answering please and explain proper steps by Step.