Help Saved Excel Project FIN Ch. 1-3 1 Marta Communications, Inc. has provided incomplete financial statements for the month ended March 31. The Controller has asked you to help calculate the missing amounts in the incomplete financial statements. 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. In the Excel Simulation below, if "-813" is entered in a blank cell, the formula outputs the result from cell 813, which is 60,000 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). In the Excel Simulation below, if-813-B14" is entered in a blank cell, the formula adds the values from those cells and outputs the result, which is 310,000 in this example. If using the other math symbols, the result is an appropriate answer for the 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. In the Excel Simulation below, if-SUM(B13,814)" is entered in a blank cell, the formula outputs the result of adding those two separate cells, which is 310,000 in this example. Similarly, if SUM(B13:814)" is entered in a blank cell, the i formula outputs the same result of adding those cells even though they are expressed as a range in the formula, which is 310,000 in this example. 10 poim look Print Save & Exit 140 Preview Layout Views Workbook Views 24 25 26 27 29 30 31 33 31 34 31 36 37 18 t x f Balance Sheet For the Year Ended 12/31/Vegt 1 30 11 32 Assels Cash 14 Land 15 Total Assets 16 Liabilities 17 Notes Payable 18 Stockholders' Equity 19 Common Stock 20 Retained Earnings 21 Total Stockholders' Equity 22 Total Liabilities and Stockholders' liquity 23 Show B 60,000 250,000 80,000 220,000 10,000 C Selection Window All D Statement of Cash Flows For the Year Ended 12/31/Year 2 MARTA COMMUNICATIONS, INC. Statement of Changes in Stockholders Equity For the Year Faded 12/31/Year 2. MARTA COMMUNICATIONS, INC. Income Statement For the Year Ended 12/31/Year 2 Zoom Operating Activities Investing Activities Financing Activities Net Change in Cash Beginning Cash Balance Ending Cash Balance Beginning Common Stock Common Stock Ismed Ending Common Stock Beginning Retained Earnings Plus: Net Income Minus: Dividends Ending Retained Earnings Toal Stockholders' Equity Revense spense Net Income Panes Macros Unhide Reset Window Position Windows Window Macros F Balance Sheet For the Year Ended 12/31/Year 2 20100 (100,000) 25.000 50.000 (5000) 100,000 080,000 Assets Cash Land Total Assets Liabilities Notes Payable Stockholders' Equity Common Stock Retained Earnings Total Stockholders' Equity Total Liabilities and Stockholders' Equity 350,000 60,000
