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Exercise 7-1 (Algo) Accounts receivable subsidiary ledger; schedule of accounts receivable LO C1 Vail Company recorded the following transactions during November. Date General Journal Debit
Exercise 7-1 (Algo) Accounts receivable subsidiary ledger; schedule of accounts receivable LO C1
Vail Company recorded the following transactions during November.
Date | General Journal | Debit | Credit |
---|---|---|---|
November 5 | Accounts ReceivableSki Shop | 5,189 | |
November 5 | Sales | 5,189 | |
November 10 | Accounts ReceivableWelcome Incorporated | 2,966 | |
November 10 | Sales | 2,966 | |
November 13 | Accounts ReceivableZia Company | 1,739 | |
November 13 | Sales | 1,739 | |
November 21 | Sales Returns and Allowances | 449 | |
November 21 | Accounts ReceivableZia Company | 449 | |
November 30 | Accounts ReceivableSki Shop | 6,184 | |
November 30 | Sales | 6,184 |
- Post these entries to both the general ledger accounts and the accounts receivable ledger subsidiary ledger accounts.
- Prepare a schedule of accounts receivable.
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