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Business, 08.03.2021 19:20 meghan2529

Required information Exercise 7-1 Accounts receivable subsidiary ledger; schedule of accounts receivable LO C1 Skip to question [The following information applies to the questions displayed below.] Vail Company recorded the following transactions during November. Date General Journal Debit Credit Nov. 5 Accounts Receivable—Ski Shop 4,924 Sales 4,924 10 Accounts Receivable—Welcome Enterprises 2,736 Sales 2,736 13 Accounts Receivable—Zia Natara 1,604 Sales 1,604 21 Sales Returns and Allowances 414 Accounts Receivable—Zia Natara 414 30 Accounts Receivable—Ski Shop 5,704 Sales 5,704 Prepare a general ledger having T-accounts for Accounts Receivable, Sales, and Sales Returns and Allowances. Post these entries to both the general ledger and the accounts receivable ledger.

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