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Exercise 7-1 (Algo) Accounts receivable subsidiary ledger; schedule of accounts receivable LO C1 [The following information applies to the questions displayed below] Vail Company recorded the following transactions during November. 1. Prepare a general ledger having T-accounts for Accounts Recelvable, Sales, and Sales Retums and Allowances. Post these entries to both the general ledger and the accounts receivable ledger