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Prepare an aging of accounts receivable and compute bad debt expense. 1. Prepare an aging of accounts receivable and compute bad debt expense. 2) Use
Prepare an aging of accounts receivable and compute bad debt expense.
1. Prepare an aging of accounts receivable and compute bad debt expense. 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 each customer amount belongs. The IF statement may include the following arguments: ,>=, Step by Step Solution
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