Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Show functions on cell Calibri (Body) Copy Paste B I U . A Merge & Center % .00 Format Open recovered workbooks? Your recent changes

Show functions on cell

image text in transcribed
Calibri (Body) Copy Paste B I U . A Merge & Center % .00 Format Open recovered workbooks? Your recent changes were saved. Do you want to continue working where you left off? 124 X V fx A C D E F G H J Q1: FILL FORMULAS BY CORRECT FUNCTIONS: UI D WN AGING Aging Accounts Receivable Date: December, 31/ 2019 8 9 7:25A57:247:26 Analysis of Accounts Receivable by Age 10 Not 1-30 31-60 61-90 Over 90 11 Yet Days Days Days Days 12 Customer Total Due Past Due Past Due Past Due Past Due 13 A $5,400 $2,600 FORMULA1 $2,000 14 B 8,700 5,600 1,900 FORMULA2 15 C 12,000 3,000 3,000 2,000 2,000 FORMULA3 16 D 4,000 3,800 FORMULA4 17 E 1,500 FORMULA5 800 18 F 7,000 FORMULA6 1,000 640 1,400 460 19 Totals $38,600 $ 15,000 $5,900 $2,640 $3,400 $3,260 20 21 Estimate of Probable 22 Uncollectible Accounts Expense 23 Percent of Total 24 uncollectable UncollECTABLE 25 Not yet due 3% FORMULA7 26 1-30 days past due 5% FORMAUL8 27 31-60 days past due 7% FORMUAL9 28 61-90 days past due 9% FORMULA10 29 Over 90 days past due 1 1% FORMULA11 30 Totals FORMULA12 31 32 33 34

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_2

Step: 3

blur-text-image_3

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

Essentials Of Accounting For Governmental And Not-for-Profit Organizations

Authors: Paul Copley

14th Edition

1260570177, 978-1260570175

More Books

Students also viewed these Accounting questions

Question

Technology

Answered: 1 week ago

Question

Population

Answered: 1 week ago

Question

The feeling of boredom.

Answered: 1 week ago