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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

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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 Date General JournalDebit Credit Nov. 5 Accounts Receivable-ski Shop 4,528 Sales 4,520 1e Accounts Receivable-welcome Enterprises 1,835 Sales 1,835 13 Accounts Receivable-Zia Natara 1,076 Sales 1,076 21 Sales Returns and Allowances 278 Accounts Receivable-Zia Natara 278 se Accounts Receivable-ski Shop 3,826 Sales 3,826 Exercise 7-1 Part1 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

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