4 Reporting Adjusted Account Balances using Excel's SUM and Basic Math Functions 5.01 points Skipped References Maple Moving Company has provided you their unadjusted account balances to before year-end adjustments. The Controller has asked you to prepare the Adjusted Trial Balance and has provided you with further year end information. Use the information included In the Excel Simulation and the Excel functions described below to complete the task. . Cell Reference: Allows you to refer to data from another cell in the worksheet. From the Excel Simulation below, if in a blank cell,-B11" was entered, the formula would output the result from cell B11, or 6,600 in this example. Basic Math functions: Allows you to use the basic math symbols to perform mathematical functions. You can use the following keys: +(plus sign to add).- (minus sign to subtract), "(asterisk sign to multiply), and/ (forward slash to divide) From the Excel Simulation below, if in a blank cell "B11+812" was entered, the formula would add the values from those cells and output the result, or 106,600 in this example. If using the other math symbols the result would output an appropriate answer for its function SUM function: Allows you to refer to multiple cells and adds all the values. You can add individual cell references or ranges to utilize this function. From the Excel Simulation below, if in a blank cell "SUM(811812.813) was entered, the formula would output the result of adding those three separate cells, or 172,600 in this example. Similarly, if in a blank cell =SUM(B11 B13)" was entered, the formula would output the same result of adding those cells, except they are expressed as a range in the formula, and the result would be 172,600 in this example. 0 FILE HOME INSERT PAGE LAYOUT Reporting adjusted account balances Excel FORMULAS DATA REVIEW VIEW Calibri A A Alignment Number Conditional Format as Cel Formatting Table Styles+ Cells Editing Styles Sign In Cipboard Font A1 x A On December 31, 2016, Maple Moving Company had the following balances . E On December 31, 2016, Maple Moving Company had the following balances before year-end adjustments: 2 Cash 4 Accounts Receivable 5 Supplies 6 Trucks 7 Accumulated Depreciation Accounts Payable 62,500 51,000 67,000 176,000 17,600 37,500 9 Interest Payable 10 Wages Payable 11 Unearned Revenue . 6,000 12 Notes Payable 100,000 13 Common Stock 66,000 14 Retained Earnings 23,400 167,000 61,000 15 Service Revenue 16 Wages Expense 17 Supplies Expense 18 Depreciation Expense 19 Interest Expense 20 21 Required: 22 Use the unadjusted account balances above and the following year-end data to determine adjusted account balances and prepare an adjusted trial balance. 23 Note: if nothinn helonne innrell lenue it blank. Sheet1 READY Attempt(s) 100% FILE HOME INSERT PAGE LAYOUT Calibri 11 AA Paste BIU- Clipboard G Font A1 X A Reporting adjusted account balances - Excel FORMULAS DATA % REVIEW ? 123 n x VIEW Sign In Alignment Number Conditional Format as Cell Cells Formatting Table Styles Styles Editing: On December 31, 2016, Maple Moving Company had the following balances C D 22 Use the unadjusted account balances above and the following year-end data to determine adjusted account balances and prepare an adjusted trial balance. 23 Note: If nothing belongs in a cell, leave it blank. 24 NOTE: After completing the adjusted trial balance, you must click through every remaining blank cell in order to receive a "complete" message when submitting. 25 26 Interest owed but not yet paid: 27 Supplies on hand: 28 Truck depreciation expense 29 Unpaid wages earned by employees: 30 Unearned revenue that has been earned: 10,800 15,000 35,200 3,500 2,000 31 32 33 34 35 Account Name 36 Cash 37 Accounts Receivable 38 Supplies 39 Trucks 40 Accumulated Depreciation 41 Accounts Payable 42 Interest Payable READY Attempt(s) Sheet1 MAPLE MOVING COMPANY Adjusted Trial Balance at December 31, 2016 Debits Credits F 100% 4 3 Reporting adjusted account balances - Excel FILE HOME INSERT PAGE LAYOUT FORMULAS DATA ? - B x REVIEW VIEW Sign In Calibr 11 A A % Paste BIU Alignment Number Conditional Format as Cell Cells Editing Formatting Table Styles Clipboard Font Styles A1 1 X On December 31, 2016, Maple Moving Company had the following balances 33 34 35 36 Cash A C Adjusted Trial Balance. at December 31, 2016 Account Name Debits Credits 37 Accounts Receivable 38 Supplies 39 Trucks 40 Accumulated Depreciation 41 Accounts Payable 42 Interest Payable 43 Wages Payable 44 Unearned Revenue 45 Notes Payable 46 Common Stock 47 Retained Earnings 48 Service Revenue 49 Wages Expense 50 Supplies Expense 51 Depreciation Expense 52 Interest Expense 55 Totals 54 55 56 READY Attempt(s) Sheet1 D E F 100%