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Vail Company recorded the following selected transactions during November Current Year. Date General Journal Debit Credit Nov. 5 Accounts ReceivableSki Shop 5,149 Sales 5,149 10

Vail Company recorded the following selected transactions during November Current Year.

Date

General Journal

Debit

Credit

Nov.

5

Accounts ReceivableSki Shop

5,149

Sales

5,149

10

Accounts ReceivableWelcome Enterprises

2,333

Sales

2,333

13

Accounts ReceivableZia Natara

1,368

Sales

1,368

21

Sales Returns and Allowances

353

Accounts ReceivableZia Natara

353

30

Accounts ReceivableSki Shop

4,864

Sales

4,864

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

Sales Returns and Allowances

Ski Shop

End.Bal

End.Bal

Welcome Enterprises

Zia Natara

End.Bal

End.Bal

2. Prepare a schedule of accounts receivable.

VAIL COMPANY

Schedule of Accounts Receivable

November 30, Current Year

Total

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