1)

2)

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 selected transactions during November Current Year. General Journal Debit Credit 4,039 Date Nov. 5 Accounts Receivable-Ski Shop Sales 4,039 10 Accounts Receivable-Welcome Enterprises 2,425 Sales 2,425 13 Accounts Receivable-Zia Natara 1,422 Sales 1,422 21 Sales Returns and Allowances 367 Accounts Receivable-Zia Natara 367 30 Accounts Receivable-Ski Shop 5,056 Sales 5,056