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please give me the special steps for each. B preme in rows 4 to 5. The table for student presentation is presented D E F
please give me the special steps for each.
B preme in rows 4 to 5. The table for student presentation is presented D E F G H Xercise Cycles Company sells exercise equipment to gyms on account. At year end, the following accounts receivable were uncollected. Required: 1) Calculate the number of days unpaid, using the Excel DAYS function. Number of Customer Amount Involce Date Today's Date Days Unpaid Fitness Mania $2,500 6/17/2022 12/31/2022 Health for Life 1,900 12/21/2022 12/31/2022 Holistic Health Options 12,750 10/12/2022 12/31/2022 Image Reimaging 7,000 12/5/2022 12/31/2022 Today's Gym World 4,600 11/29/2022 12/31/2022 Whole Life Fitness Center 15,900 11/20/2022 12/31/20221 Workouts Unlimited 3,800 10/2/2022 12/31/2022 Total $48,450 2) Use the information above to complete the Aging of Accounts Receivable Schedule below. Create a formula for each age category, using the Excel IF function to determine where each customer amount belongs. Calculate each "Total" cell by using the Excel SUM function and include all possible cells. Leave no cells blank. HINT: Use the AND function to check for date ranges. For example, IF(AND(E8>30,E8 30,860).VALUE IF TRUELIVALUE IF FALSEN Number of Days Unpaid Customer 0-30 31-60 61-90 Over 90 Total Fitness Mania 5 Health for Life 5 Holistic Health Options Image Reimaging Today's Gym World Whole Life Fitness Center Workouts Unlimited 1 Total Accounts Receivable 2 Estimated Uncollectible 2x 10% 25% 45% Estimated Uncollectible (5) 4 -53) Prepare the adjusting journal entry for recording bad debt expense if the Allowance for Doubtful Accounts had the following unadjusted balance: -5 17 Allowance for Doubtful Accounts $250 credit balance 18 Bad Debt Expense 29 Allowance for Doubtful Accounts 50 All the laten rannehu we the Alfred Anithatheninha Graded Worksheet + Save and Return to Assi icrawl USUL Beat Options Image Reimaging Today's Gym World Whole Life Fitness Center Workouts Unlimited Total Accounts Receivable Estimated Uncollectible() Estimated Uncollectible (5) Legend Graded coll Lean needed Scratchoad Use workspace 2% 10% 25% 45% 3) Prepare the adjusting journal entry for recording bad debt expense If the Allowance for Doubtful Accounts had the following unadjustabalancer Allowance for Doubtful Accounts $250 credit balance Bad Debt Expense Allowance for Doubtful Accounts 4) Prepare the adjusting journal entry for recording bad debt expense If the Allowance for Doubtful Accounts had the following unadjusted balance: Allowance for Doubtful Accounts $100 debit balance Bad Debt Expense Allowance for Doubtful Accounts Students: The scratchpad area is for you to do any additional work you need to solve this question or can be used to show your work Nothing in this area will be graded, but it will be submitted with your assignment Step by Step Solution
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