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Reporting Adjusted Account Balances on the Adjusted Trial Balance using Excel's SUM and Bosic Math Functions. Maple Moving Company has provided you its list of

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Reporting Adjusted Account Balances on the Adjusted Trial Balance using Excel's SUM and Bosic Math Functions. Maple Moving Company has provided you its list of accounts and unadjusted balances as of December 31, Year 2 , along with selected year-end data. The Controller has asked you to prepare an income statement and balarice sheet for the year ended. December 31 , Year 2 Use the information included in the Excel Simulation and the Excet functions described helow in complete the tark - Cell Reference; Allows you to refer to data from another cell in the worksheet. In the Excel Simulation below, if "=83" is entered in a blank cell, the formula outputs the result from cell B3, which is $62.500 in this example. - Basic Math functions: Allows you to use the basic math symbole to perform mathematical functions Vou cun wue the followint keys + (plus sign to add). -(minus sign to subtract). (asterisk sign to multiply), and / (forward slash to divide). in the Excel Simulation below, if " = BS+B4" is entered in a blank cell, the formula adds the values from those cells and outputs the restil. which is 229.660 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 muluple 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(B3,BA, B5)" is entered in a btank cell the formula outhute the n adding those three separate cells, which is 297,260 in this example Similatly, if "=SUM(B3.85) is entered in a blank cell, the formula oulputs the same result of adding those cells even though they are expressed as a range in the formula, so the result is 297,260 in this example. On December 31, Year 2, Maple Moving Company had the following balances before year-end adjustments: Ife the unatliusterf arrount halanres ahove and the fallowing vear-end data to defermine adiusted Use the unadjusted account balances above and the following year-end data to determine adjusted account balances and prepare an adfirsted tilal balance. Note: If nothing belongs in o cell, leove it blank. NOTE: After completing the adjusted trial balance, you must click through every remaining blank cell in order to receive a "complete" message when submitting. 31 MAPLE MOVING COMPANY 32 Adiuctad Trial Aalonna 33 at December 31, Year 2 34 Account Name Debits Credits 35 Cash 36 Accounts Receivable 37 Supplies Prepaid Rent Accounts Payable Interest Payable Wages Payable Unearned Revenue Notes Payable Common Stock Retained Earnings Service Revenue Wages Expense Supplies Expense Rent Expense Interest Expense Totals

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