Required information Exercise 7-1 (The following information applies to the questions displayed below. Vail Company recorded the following selected transactions during November Current Year Accounts receivable subsidiary ledger; schedule of accounts receivable LO c1 Date General Journal Debit Credit .273 nov. 5 Accounts Receivable-Ski Shop Sales 4,273 10 Accounts Receivable-Welcome Enterprises 2,284 Sales 13 Accounts Receivable-21a Natara 1,339 Sales 1,339 21 Sales Returns and Allovances 345 ccounts Receivable-zia Natara 345 30 Accounte Rece ivablo-sk 4, 762 4,762 Exercise 7-1 Part 1 1. Prepare o goneral ledger having T accounts for Accounts Rocevable Saies and Sales Retums and Allowances Post these entries to poth the aencral lodaer and the accounts receivabie ledaer