second part

Required information Exercise 7-1 Accounts receivable subsidiary ledger; schedule of accounts receivable LO C1 [The following information applies to the questions displayed below.] Vail Company recorded the following transactions during November Date General Journal Nov. 5 Accounts Receivable-Ski Shop Sales Debit Credit 5,537 5,537 10 Accounts Receivable-Welcome Enterprises Sales 1,104 1,104 647 647 13 Accounts Receivable-zia Natara Sales 21 Sales Returns and Allowances Accounts Receivable-zia Natara 167 167 30 Accounts Receivable-Ski Shop Sales 2,302 2,302 1. 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. General Ledger Accounts Receivable Sales End.Bal 0 End Bal 0 0 Accounts Receivable Subsidiary Ledger Ski Shop Returns and Allowances 0 End Bal 0 End Bal End Bal 0 0 End Bal 0 Sales Returns and Allowances Accounts Receivable Subsidiary Ledger Ski Shop End. Bal 0 End Bal 0 0 Welcome Enterprises Zia Natara End Bal 0 End Bal 2. Prepare a schedule of accounts receivable. VAIL COMPANY Schedule of Accounts Receivable November 30 0 Total