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

Date			General Journal	Debit		Credit
Nov.	5		Accounts ReceivableSki Shop	4,689
			Sales			4,689
	10		Accounts ReceivableWelcome Enterprises	2,495
			Sales			2,495
	13		Accounts ReceivableZia Natara	1,463
			Sales			1,463
	21		Sales Returns and Allowances	377
			Accounts ReceivableZia Natara			377
	30		Accounts ReceivableSki Shop	5,202
			Sales			5,202

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.

2. Prepare a schedule of accounts receivable.