Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Really could use help with this excel simulation. There are three pictures. I'm having issues on how to always use a formula, in each space.

Really could use help with this excel simulation. There are three pictures. I'm having issues on how to always use a formula, in each space. It's getting confusing but if I could have help on how to do the "= ... " or whatever is supposed to go in each. Thanks! image text in transcribed
image text in transcribed
image text in transcribed
A-Alignment Number Conditional FormataseCell Formatting" Table Styles 1 u . : Cells Editing Cipboard Font Xercise Cycles Company sells exercise equipment to gyms on account. At year Al 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 8 Fitness Mania 9 Health for Life 0 Holistic Health Options 11 Image Reimaging 12 Today's Gym World 13 Whole Life Fitness Center 14 Workouts Unlimited 15 Total 16 172) 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 2,500 2,000 12,750 7000 4,600 15,900 3,800 48,550 6/17/2016 12/21/2016 10/12/2016 12/5/2016 11/29/2016 11/20/2016 10/2/201 12/31/2016 12/31/2016 12/31/2016 12/31/2016 12/31/2016 12/31/2016 12/31/2016 customer amount belongs 19 The IF statement may include the following arguments: ,, Excel AND FUNCTION (fx). Number of Days Unpaid Sheet1 Attempt(s) 2 3 4 5 9

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Practical Guide To Commercial And Industrial Energy Auditing

Authors: Mtijan M Kamara

1st Edition

1717257321, 978-1717257321

More Books

Students also viewed these Accounting questions