Required Information 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 transactions during November. General Journal Debit Credit Nov. 5 Accounts Receivable-ski Shop Date 5,957 Sales 5,957 10 Accounts Receivable-Welcome Enterprises Sales 1,357 1,357 796 13 Accounts Receivable-Zia Natara Sales 796 205 205 21 Sales Returns and Allowances Accounts Receivable-zia Natara 30 Accounts Receivable-ski Shop Sales 2,829 2,829 Exercise 7-1 Part 1 Exercise 7-1 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 Sales End. Bal End.Bal Accounts Receivable Subsidiary Ledger Ski Shop Sales Returns and Allowances End. Bal End. Bal Welcome Enterprises Zia Natara End.Bal End Bal ! Required Information Exercise 7-1 Accounts recelvable subsidiary ledger; schedule of accounts recelvable LO C1 [The following information applies to the questions displayed below.) Vail Company recorded the following transactions during November. Date General Journal Nov. 5 Accounts Receivable-ski Shop Debit Credit 5,957 5,957 Sales 18 Accounts Receivable-Welcome Enterprises Sales 1,357 1,357 796 13 Accounts Receivable-zia Natara Sales 796 205 21 sales Returns and Allowances Accounts Receivable-zia Natara 2e5 30 Accounts Receivable-ski Shop Sales 2,829 2,829 Exercise 7-1 Part 2 2. Prepare a schedule of accounts receivable. VAIL COMPANY Schedule of Accounts Receivable November 30 Total