7 Q 1-2

Required information [The following information applies to the questions displayed below.] Vail Company recorded the following selected transactions during November Current Year Debit Credit 5,898 Date General Journal Nov. 5 AccountsReceivable-Ski Shop Sales 5,898 10 Accounts Receivable-Welcome Enterprises 2,021 Sales 2,021 13 Accounts Receivable-Zia Natara 1,185 Sales 1,185 21 Sales Returns and Allowances 306 Accounts Receivable-Zia Natara 306 0 Accounts Receivable-Ski Shop 4,213 Sales 4,213 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