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Required information Exercise 7 - 1 ( Algo ) Accounts receivable subsidiary ledger; schedule of accounts receivable LO C 1 [ The following information applies

Required information
Exercise 7-1(Algo) Accounts receivable subsidiary ledger; schedule of accounts receivable LO C1
[The following information applies to the questions displayed below.]
Part 1 of 2
Vail Company recorded the following transactions during November.
1.07
points
\table[[Date,General Journal,Debit,Credit],[November 5,\table[[Accounts Receivable-Ski Shop],[Sales]],4,202,4,202],[November 10,\table[[Accounts Receivable-Welcome Enterprises],[Sales]],2,560,2,560],[November 13,\table[[Accounts Receivable-Zia Natara],[Sales]],1,501,1,501],[November 21,\table[[Sales Returns and Allowances],[Accounts Receivable-Zia Natara]],,],[November 30,\table[[Accounts Receivable-Ski Shop],[Sales]],,]]
Exercise 7-1(Algo) Part 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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