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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

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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 selected transactions during November Current Year General JournalDebit Credit Nov. 5 Accounts Receivable-ski Shop ,150 Sales 5,150 10 Accounts Receivablo-ke lcome Enterprises 2,608 Sales 2,608 13 Accounts Receivablo-zia Natara 1,529 Sales 1,529 21 Sales Returns and Allovances 394 Accounts Receivable-zia Natara 394 30 Accounts Receivable-ski Shop 5, 437 Sales s, 437 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 Sales Prev 1 2 of 2 Next

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