Reporting Adjusted Account Balances using Excel's SUM and Basic Math Functions 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. it in a blank cell, =B11" was entered the formula would output the result from cell B1 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 ada) - minus sign to subtract." (asterisk sign to multiply), and / (forward stash to divide) From the Excel Simulation below, itina blank cell =811-B12" was entered the formula would add the values from those cells and output the result, or 106,600 in this example it 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 SUMB1,312,313)" was entered the formula would output the result of adding those three separate cells of 172 600 in this example. Similarly, it in a blank cell-SUMB11 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, ? B5 Reporting adjusted account balancesce PAGE LAYOUT FORMULAS DATA REVIEW VIEW Sil FILE HOME INSERT H - A % Alignment Number Conditional Formatas Cell Formatting Table Styles Editing Paste 3 IU-E Cobed For . 2 on December 31, 2016, Maple Moving Company had the following balances before year-end adjustments 2 cash $ 67.500 Accounts Receivable 51.000 5 Supplies 67.500 Equipment 170.000 7 Accumulated Depreciation 17,600 Accounts Payable 32.500 Interest Payable X5 2 Reporting adjusted account balances - Excel PAGE LAYOUT FORMULAS DATA REVIEW FILE HOME INSERT VIEW Sign in % M Poste BIU > Cells Editing Alignment Number Conditional Formatas Cell Formatting Table Styles Styles pboard Font A D E F 1 On December 31, 2016, Maple Moving Company had the following balances before year-end adjustments: 2 3 Cash 62,500 4 Accounts Receivable 51,000 5 Supplies 67,600 6 Equipment 176,000 Accumulated Depreciation 17,600 8 Accounts Payable 37,500 9 Interest Payable 10 Salaries Payable 11 Deferred Revenue 6,600 12 Notes Payable 100,000 13 Common Stock 14 Retained Earnings 23,400 15 Service Revenue 167,000 16 Salaries Expense 61,000 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. Mote: If nothinn hel ons in a cell let blank Sheet1 66,000 READY Attempt(s) 100% Show Me FILE HOME INSERT PAGE LAYOUT FORMULAS DATA REVIEW VIEW Sign In ED Calibri % M Paste BIU A Cells Editing Alignment Number Conditional Format as Cell Formatting Table Styles Styles Clipboard Font 63 A B D E 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 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: 10,800 27 Supplies on hand: 15,000 28 Equipment depreciation expense 35,200 29 Unpaid salaries owed to employees 3,500 30 Deferred revenue that has been earned 2,000 31 32 MAPLE MOVING COMPANY 33 Adjusted Trial Balance 34 at December 31, 2016 35 Account Name Debits Credits 36 Cash 37 Accounts Receivable 38 Supplies 39 Equipment 40 Accumulated Depreciation 41 Accounts Payable Sheet1 + 1 E READY Attempt(s) 100% She FILE HOME INSERT PAGE LAYOUT FORMULAS DATA REVIEW VIEW Sign in Calin Paste BIU %6 BA - Alignment Number Conditional Format as Cell Formatting Table Styles Styles Cells Editing Clipboard Font C3 D F Credits 31 32 MAPLE MOVING COMPANY 33 Adjusted Thal Balance 34 at December 31, 2016 35 Account Name Debits 36 Cash 37 Accounts Receivable 38 Supplies 39 Equipment 40 Accumulated Depreciation 41 Accounts Payable 42 interest Payable 43 Salaries Payable 44 Deferred Revenue 45. Notes Payable 46 Common Stock 47 Retained Earnings 48 Service Revenue 49 Salaries Expense 50 Supplies Expense 51 Depreciation Expense 52 Interest Expense 53 Totals 54 Sheet1 + 100 READY Attempt(s)