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Please use excel functions!! 1. Prepare an aging of accounts receivable and compute uncollectible accounts expense. FILE HOME INSERT X Calibri -11 Paste Aging of
Please use excel functions!!
1. Prepare an aging of accounts receivable and compute uncollectible accounts expense. FILE HOME INSERT X Calibri -11 Paste Aging of accounts receivable method - Excel ? PAGE LAYOUT FORMULAS DATA REVIEW VIEW Sign In -AA % - Alignment Number Conditional Format as Cell Cells Editing Formatting Table Styles Styles Xercise Cycles Company sells exercise equipment to gyms on account. At year BIU- Clipboard Font A1 A B D E F 4 1) Calculate the number of days unpaid, USING THE EXCEL DAYS FUNCTION (FX). 5 Number of Days Unpaid $ 6 7 Customer 8 Fitness Mania 9 Health for Life 10 Holistic Health Options 11 Image Reimaging 12 Today's Gym World 13 Whole Life Fitness Center 14 Workouts Unlimited 15 Total 16 Amount 2,500 2,000 12,750 7.000 4,600 15.900 3,800 48,550 Invoice Date 6/17/2016 12/21/2016 10/12/2016 12/5/2016 11/29/2016 11/20/2016 10/2/2016 Today's Date 12/31/2016 12/31/2016 12/31/2016 12/31/2016 1231/2016 12/31/2016 12/31/2016 $ 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 and AND FUNCTIONS (fx) to determine where eac customer amount belongs. The IF statement may include the following arguments: ,>, Step by Step Solution
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