1 Prepare an aging of accounts receivable and compute bad debt expense. 7 Aging of accounts receivable method - Excel PAGE LAYOUT FORMULAS DATA REVIEW FILE HOME INSERT VIEW Sign in x Calibri 19 AA % A. Alignment Number Conditional Fomatas Cell Formatting Table Styles BIU- Cells Editing Clipboard Font B23 > so IFES 31,380) B D E F 1 Xercise Cycles Company sells exercise equipment to gyms on account. At year end, the following accounts receivable were uncollected 2 3 Required: 4 1) Calculate the number of days unpaid, USING THE EXCEL DAYS FUNCTION(x). 5 6 Niher of 7 Customer Amount Invoice Date Today's Date Days Uopuld & Fitness Mania $ 2.500 6/17/2016 12/31/2016 197 9 Health for Life 27x00 12/21/2016 12/31/2016 10 10 Holistic Health Options 12.750 10/12/2016 12/31/2016 11 Image Reimaging 7.000 12/5/2016 12/31/2016 12 Today Gym World 4.800 11/29/2016 12/31/2016 13 Whole Life Fitness Center 15200 11/20/2016 12/31/2016 14 Workouts Unlimited 10/2/2016 12/31/2016 15 Tot 5 48550 16 17 2) Use the information above to complete the Aging of Accounts Receivable Schedule below. IR Create a formula for each age category, using the Excel IF and AND FUNCTIONS (Ex) to determine where each customer amount belongs 19 The IF statement may include the following arguments: <.>.>. =IF(E8.>,