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Required information Exercise 74 Accounts receivable subsidiary ledger; schedule of accounts receivable LO CI The following information applies to the questions displayed below) Vall Company

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Required information Exercise 74 Accounts receivable subsidiary ledger; schedule of accounts receivable LO CI The following information applies to the questions displayed below) Vall Company recorded the following transactions during November Date General Journal Debit Credit Nov. 5 Accounts Receivable-Ski Shop 4,417 Sales 4,417 10 Accounts Receivable-Welcome 1,085 Enterprises Sales 1,085 13 Accounts Receivable-Zia Natara 636 Sales 636 164 21 Sales Returns and Allowances Accounts Receivable-Zia Natara 164 30 Accounts Receivable-Ski Shop 2,262 Sales 2,262 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 Nov. 5 Nov. 10 + End Bal End Bal Sales Returns and Allowances Accounts Receivable Subsidiary Ledger Ski Shop End Bal End Bal Welcome Enterprises Zia Natara End Bal End Bal 1 E2 Required information Exercise 741 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. Date General Journal Debit Credit Nov. 5 Accounts Receivable-Ski Shop 4,417 Sales 4,417 Accounts Receivable-Welcome 10 Enterprises 1,085 Sales 1,085 13 Accounts Receivable-Zia Natara 636 Sales 636 164 21 Sales Returns and Allowances Accounts Receivable-Zia Natara 164 30 Accounts Receivable-Ski Shop 2,262 Sales 2,262 CE Exercise 7-1 Part 2 2. Prepare a schedule of accounts receivable. VAIL COMPANY Schedule of Accounts Receivable November 30 Total

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