USE CELL FUNCTIONS PLEASE

Aging of accounts receivable method - Excel ? x FILE HOME INSERT PAGE LAYOUT FORMULAS DATA REVIEW VIEW Sign In Calibri 11 A A % LE Paste B I U Cells Editing Alignment Number Conditional Format as Cell Formatting Table Styles Styles Clipboard 5 Font A1 X Xercise Cycles Company sells exercise equipment to gyms on account. At year A B D E F Xercise Cycles Company sells exercise equipment to gyms on account. At year end, the following accounts receivable were uncollected. 1 2. 3 Required: 4 1) Calculate the number of days unpaid, USING THE EXCEL DAYS FUNCTION (fx). 5 nm + 6000 Number of Days Unpaid $ 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 12/31/2016 12/31/2016 12/31/2016 $ 17 2) Use the information above to complete the Aging of Accounts Receivable Schedule below. Create a formula for each age category, using the 18 IF and AND FUNCTIONS (fx) to determine where each customer amount belongs. 19 The IF statement may include the following arguments: , >5,, >5,