Question: Could someone explain what I am supposed to be doing. I asked my teacher and they never got back with me and its due soon.
Could someone explain what I am supposed to be doing. I asked my teacher and they never got back with me and its due soon. :(
Sheet 1: Excel Instructions
| Excel Instructions |
| CAUTION: Read Appendix A for specific instructions relating to these templates. |
| 1. Enter the appropriate numbers/formulas in the shaded (gray) cells. An asterisk (*) will appear to the right of an incorrect answer. |
| 2. A formula begins with an equals sign (=) and can consist of any of the following elements: |
| Operators such as + (for addition), - (for subtraction), * (for multiplication), and / (for division). |
| Cell references, including cell addresses such as B52, as well as named cells and ranges |
| Values and text |
| Worksheet functions (such as SUM) |
| 3. You can enter a formula into a cell manually (typing it in) or by pointing to the cells. |
| To enter a formula manually, follow these steps: |
| Move the cell pointer to the cell that you want to hold the formula. |
| Type an equals sign (=) to signal the fact that the cell contains a formula. |
| Type the formula, then press Enter. |
| 4. Rounding: These templates have been formatted to round numbers to either the nearest whole number or the nearest cent. For example, |
| 17.65 x 1.5=26.475. The template will display and hold 26.48, not 26.475. There is no need to use Excel's rounding function. |
| 5. Remember to save your work. When saving your workbook, Excel overwrites the previous copy of your file. You can save your work at any time. |
| You can save the file to the current name, or you may want to keep multiple versions of your work by saving each successive version under a different name. |
| To save to the current name, you can select File, Save from the menu bar or click on the disk icon in the standard toolbar. |
| It is recommended that you save the file to a new name that identifies the file as yours, such as Chapter_7_long_version_Your_Name.xlsx |
| To save under a different name, follow these steps: |
| Select File, Save As to display the Save As Type drop-box, chose Excel Workbook (*.xlsx) |
| Select the folder in which to store the workbook. |
| Enter the new filename in the File name box. |
| Click Save. |
Sheet 2: Journal
| JOURNAL | Page 41 | ||||
| DATE | DESCRIPTION | POST. REF. | DEBIT | CREDIT | |
| 20-- | |||||
| Oct. | 9 | Payroll Cash | 12 | 12,340.13 | |
| Cash | 11 | 12,340.13 | |||
| 9 | Administrative Salaries | 51 | 2,307.69 | ||
| Office Salaries | 52 | 4,651.08 | |||
| Sales Salaries | 53 | 3,600.00 | |||
| Plant Wages | 54 | 4,898.00 | |||
| FICA Taxes Payable - OASDI | 20.1 | 958.33 | |||
| FICA Taxes Payable - HI | 20.2 | 224.14 | |||
| Employees FIT Payable | 24 | 836.00 | |||
| Employees SIT Payable | 25 | 474.55 | |||
| Employees SUTA Payable | 25.1 | 9.25 | |||
| Employees CIT Payable | 26 | 598.37 | |||
| Union Dues Payable | 28 | 16.00 | |||
| Payroll Cash | 12 | 12,340.13 | |||
| 9 | Payroll Taxes | 56 | 1,381.61 | ||
| FICA Taxes Payable - OASDI | 20.1 | 958.32 | |||
| FICA Taxes Payable - HI | 20.2 | 224.12 | |||
| FUTA Taxes Payable | 21 | 22.91 | |||
| SUTA Taxes Payable - Employer | 22 | 176.26 | |||
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