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PLEASE GIVE IN FORMULA BY THE CELL LETTER GIVEN BELOW! NOT JUST THE NUMBERS, NEED HELP WITH FORMULAS PLEASE! D B E 1 Xercise Cycles
PLEASE GIVE IN FORMULA BY THE CELL LETTER GIVEN BELOW! NOT JUST THE NUMBERS, NEED HELP WITH FORMULAS PLEASE!
D B E 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 unpald, USING THE EXCEL DAYS FUNCTION (fx). 5 6 Number of 7 Customer Amount Invoice Date Today's Date Days Unpaid 8 Fitness Mania $ 2.500 6/17/2016 12/31/2016 197 9 Health for Life 2.000 12/21/2016 12/31/2016 10 10 Holistic Health Options 12,750 10/12/2016 12/31/2016 80 11 Image Reimaging 7,000 12/5/2016 12/31/2016 26 12 Today's Gym World 4,600 11/29/2016 12/31/2016 32 13 Whole Life Fitness Center 15,900 11/20/2016 12/31/2016 41 14 Workouts Unlimited 3,800 10/2/2016 12/31/2016 90 15 Total $ 48,550 16 17 2) Use the information above to complete the Aging of Accounts Receivable Schedule below. 18 Create a formula for each age category, using the Excel IF and AND FUNCTIONS (fx) to determine where each customer amount belongs. 19 The IF statement may include the following arguments: ,>, .>,Step by Step Solution
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