111 fx =(D8+D12)-D11 A B 1 Formula: Add, Subtract; Cell Referencing 3 Using Excel to Determine the Adjusted Cash Balance Student Work Area PROBLEM 5 For the month of August, Pratt Company has the following information 6 concerning its checking account at its bank. Required: Provide input into cells shaded in yellow in this template. Use mathematical formulas with cell references to the Problem area. Cash balance per books, August 31 Outstanding checks Data from the bank statement Charge for printing Pratt Company checks Interest earned on checking account balance $ 9,500 2$ 800 Determine the adjusted cash balance per books at August 31 35 Adjusted cash balance per books 9,505 Incorrect 40 Feedback: Use a mathematical formula with cell references to the Problem area to calcula the adjusted cash balance per books. Formula: Add, Subtract; Cell reference. Input a mathematical formula with a cell reference to the Problem area.
111 fx =(D8+D12)-D11 A B 1 Formula: Add, Subtract; Cell Referencing 3 Using Excel to Determine the Adjusted Cash Balance Student Work Area PROBLEM 5 For the month of August, Pratt Company has the following information 6 concerning its checking account at its bank. Required: Provide input into cells shaded in yellow in this template. Use mathematical formulas with cell references to the Problem area. Cash balance per books, August 31 Outstanding checks Data from the bank statement Charge for printing Pratt Company checks Interest earned on checking account balance $ 9,500 2$ 800 Determine the adjusted cash balance per books at August 31 35 Adjusted cash balance per books 9,505 Incorrect 40 Feedback: Use a mathematical formula with cell references to the Problem area to calcula the adjusted cash balance per books. Formula: Add, Subtract; Cell reference. Input a mathematical formula with a cell reference to the Problem area.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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See below. Note that I know the answer is right by the mathematical formula/cell referencing is wrong. NOTE THAT THIS PROBLEM REQUIRES AN APPROPRIATE MATHEMATICAL FORMULA AND CELL REFERENCING. DONT FORGET TO INCLUDE THAT IN THE ANSWER.
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