Vail Company recorded the following transactions during November. Date General Journal Debit Credit November 5 Accounts...
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Vail Company recorded the following transactions during November. Date General Journal Debit Credit November 5 Accounts Receivable-Ski Shop 4,394 Sales 4,394 November 10 Accounts Receivable-Welcome Incorporated 2,348 Sales 2,348 November 13 1,377 Accounts Receivable-Zia Company Sales 1,377 November 21 Sales Returns and Allowances 355 Accounts Receivable-Zia Company 355 4,895 November 30 Accounts Receivable-Ski Shop Sales 4,895 1. Post these entries to both the general ledger accounts and the accounts receivable ledger subsidiary ledger accounts. 2. Prepare a schedule of accounts receivable. Vail Company recorded the following transactions during November. Date General Journal Debit Credit November 5 Accounts Receivable-Ski Shop 4,394 Sales 4,394 November 10 Accounts Receivable-Welcome Incorporated 2,348 Sales 2,348 November 13 1,377 Accounts Receivable-Zia Company Sales 1,377 November 21 Sales Returns and Allowances 355 Accounts Receivable-Zia Company 355 4,895 November 30 Accounts Receivable-Ski Shop Sales 4,895 1. Post these entries to both the general ledger accounts and the accounts receivable ledger subsidiary ledger accounts. 2. Prepare a schedule of accounts receivable.
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1 Genral Ledger Account receivable To sales Ski Shop 4394 By slaes return and allow 355 To sal... View the full answer
Related Book For
Fundamental Accounting Principles
ISBN: 978-0077862275
22nd edition
Authors: John Wild, Ken Shaw, Barbara Chiappetta
Posted Date:
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