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8. A certain blood test is 96 percent effective in detecting a certain disease when it is, in fact present. However, the test also yields

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8. A certain blood test is 96 percent effective in detecting a certain disease when it is, in fact present. However, the test also yields a "false positive result for 1.5 percent of the healthy persons tested. If 0.6 percent of the population actually has the disease, what is the probability a person has the disease given that the test result is positive? Mountains 5 E3-10 (Adjusting Entries) Hotel trial balance on August 31 is as follows. ppened for business on June 1 with eight air-conditioned units. Its Mountains Hotel TRIAL BALANCE AUGUST 31, 2014 Debit $ 19,600 4.500 2,600 20,000 120,000 16,000 Cash Prepaid Insurance Supplies Land Buildings Equipment Accounts Payable Unearned Rent Revenue Mortgage Payable Common Stock Retained Earnings Dividends Rent Revenue Salaries and Wages Expense Utilities Expenses Maintenance and Repairs Expense $ 4,500 4,600 60,000 91,000 9,000 5.000 76,200 44.800 9.200 3.600 45.300 Other data: 1. The balance in prepaid insurance is a one-year premium paid on June 1, 2014. 2. An inventory count on August 31 shows $450 of supplies on hand. 3. Annual depreciation rates are buildings (4%) and equipment (10%). Salvage value is estimated to be 10% of cost. 4. Uneamed Rent Revenue of $3,800 was eamed prior to August 31. 5. Salaries of $375 were unpaid at August 31. 6. Rentals of $800 were due from tenants at August 31. 7. The mortgage interest rate is 8% per year. Your task is to prepare the appropriate journal entries and bring a worksheet to the class

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