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A B C DE 1 Xercise Cycles Company sells exercise equipment to gyms on account. At year end, the following accounts receivable were uncollected. 3

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A B C DE 1 Xercise Cycles Company sells exercise equipment to gyms on account. At year end, the following accounts receivable were uncollected. 3 Required: 4 1) Calculate the number of days unpaid, USING THE EXCEL DAYS FUNCTION (fx). Number of Customer Amount Invoice Date Today's Date Days Unpaid 8 Fitness Mania $ 2,500 6/17/2016 12/31/2016 9 Health for Life 2,000 12/21/2016 12/31/2016 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's Gym World 4,600 11/29/2016 12/31/2016 13 Whole Life Fitness Center 15,900 11/20/2016 12/31/2016| 14 Workouts Unlimited 3,800 10/2/2016 12/31/2016 15 Total $ 48.550 16 17 2) Use the information above to complete the Aging of Accounts Receivable Schedule below. 19 18 Create a formula for each age category, using the Excel IF and AND FUNCTIONS (fx) to determine where each customer amount belongs. The IF statement may include the following arguments: ,>,,>,

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