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please answer like these examples !! =SUM(c11,c12,c13) C11+C12 cell refrencing must be used, i cannot just put in the answer. external browser O&launchuriahttps%253A%252F%252Fims.mheducation.com%252Fmghmiddlewarex Chapter 2

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please answer like these examples !! "=SUM(c11,c12,c13)" "C11+C12"
cell refrencing must be used, i cannot just put in the answer.
external browser O&launchuriahttps%253A%252F%252Fims.mheducation.com%252Fmghmiddlewarex Chapter 2 Problems with Excel Saved Help 1 10 points Lantana Company has provided you with the transactions that occurred during its first month of operations. The Controller has already recorded the transactions to the T-Accounts and has asked you to prepare the classified balance sheet based on the T-Account balances. 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, "-811" was entered the formula would output the result from cell B11, or $50,000 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). From the Excel Simulation below, if in a blank cell --C11+C12" was entered, the formula would add the values from those cells and output the result, or 15,000 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(C11,C12,C13)" was entered the formula would output the result of adding those three separate cells, or 15,500 in this example. Similarly, if in a blank cell"-SUM(C11:C13)" 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 15,500 in this example. eBook Print DO References KH Preparing a classified balance sheet - Excel PAGE LAYOUT FORMULAS DATA REVIEW FILE HOME INSERT VIEW Sign in Calibri M - ' ' % A Alignment Number Conditional Format as Cell Formatting" Table Styles Paste BIV- Cells Editing Clipboard Font B42 A G H 1 B DEF The following transactions occurred for Lantana Company during its first month of operations 2 and have been recorded in the T-accounts below. 3 a. Received $50,000 cash from owners in exchange for common stock. b. Purchased land for $20,000, paid $5,000 in cash and signed a 2-year note for the remainder. 6 c. Bought $900 of supplies on account. Me Chapter 2 Problems with Excel Calibri Paste BTU 1 A A %6 4. Alignment Number Conditional Formatas Cell Formatting" Table Styles Styles Cells Editing Clipboard Font B42 10 points H 1 eBook DEF G 1 The following transactions occurred for Lantana Company during its first month of operations 2 and have been recorded in the T-accounts below. 3 4 a. Received $50,000 cash from owners in exchange for common stock. 5 b. Purchased land for $20,000, paid $5,000 in cash and signed a 2-year note for the remainder. c. Bought $900 of supplies on account. d. Purchased $10,000 of equipment, paying cash. e. Paid $500 on account for supplies purchased in transaction (c). 6 7 Print 8 9 10 References Cash 50,000 Supplies 900 c. 11 a 12 13 5,000 10,000 500 b. d. e. 14 bal. 34,500 bal. 900 Land 20,000 d. Equipment 10.000 15 16 17 b. 18 19 bal. 20 21 22 e. 23 20,000 bal. 10,000 Accounts Payable 500 Note Payable 900 c. 15,000 b. 1E ALI Sheet1 READY 100% on.com Chapter 2 Problems with Excel Saved Paste BIU. Cells Editing 1 Alignment Number Conditional Formatas Cell Formatting Table Styles Styles Clipboard Ferrt B42 > A 10 points eBook Print References DE F H 22 e. 500 900 c. 15 DOO b. 23 24 400 bal. 15,000 bal. 25 26 Common Stock 27 50.000 a. 28 29 50.000 bal. 30 31 Required: 32 Using the T-account BALANCES and the information in the transactions, 33 prepare a classified balance sheet for Lantana Company. 34 Note: Use cell references to the T-account titles to complete columns B and G. Use cell references to the 35 Taccount balances and formulas to complete columns Cand H. List long-term assets in alphabetical order. 36 37 LANTANA COMPANY 38 Balance Sheet 39 At December 31, 2016 40 Assets Liabilities and Stockholders' Equity 41 Current Assets Current Liabilities 42 43 Total Current Assets Total Current Liabilities 45 Sheet1 100% READY Attempt(s) 2/3 Hint Feducation Chapter 2 Problems with Excel Saved Paste BIU AA Cells Editing Alignment Number Conditional Format as Cell Formatting Table Styles Styles Clipboard Font 1 B42 B Assets 10 points 40 41 Current Assets 42 DE F G H Liabilities and Stockholders' Equity Current Liabilities Total Current Liabilities eBook Long-term Liabilities Print Total Long-term Liabilities Total Liabilities References Stockholders' Equity 44 Total Current Assets 45 46 Long-term Assets 47 48 49 Total Long-term Assets 50 51 52 53 54 55 56 57 Total Assets 58 59 60 61 0 Retained Earnings Total Stockholders' Equity Total Liabilities and Stockholders' Equity Sheet1 *** READY 100% 212

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