Ch 07 Ex 7-10 Part 1 of 2 10 points Required information Exercise 7.1 Accounts receivable subsidiary ledger, schedule of accounts receivable LO C1 The following information applies to the questions displayed below) Val Company recorded the following transactions during November Date Nov. S Account Receivable-Ski Shop General Journal Debit Credit 5,946 Sales 5,946 10 Accounts Receivable-Welcome Interprises 2.18 Sales 2.898 13 Mecounts Receivabletia Natara 1.699 Sales 1.699 21 Sales Man and Allowances 430 Accounts Receivable-sia Matara 438 30 Accounts Receivable-ski Shop 6.042 Sales 6,042 A Print Exercise 71 Part 1 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 Nov. how 10 Nov. 13 Sales Nov. Nov. 10 Now, 13 how. pow. 21 Nox. 30 End.Bal 0 0 End Bal 0 Accounts Receivable Subsidiary Ledger Ski Shop Bw Red Allowances Nov. 21 Nov Nov 30 10 point Exercise 7-1 Part 1 log 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. Hint General Ledger Accounts Receivable Nov. 5 Nov. to Nov. 13 Sales Nov 5 Nov. 10 Nov 13 Nov 30 Now. 21 PA Nov. 30 End Bal 0 0 End Bal References Accounts Receivable Subsidiary Ledger SA Shop Sales Returns and Allowances Nov 21 Now 5 Now. 30 End Bal 0 0 End. Bal 0 0 Welcome Enterprises Zia Natara Nov. 10 Nov. 13 Nov 21 End. Bal 0 End BM 0