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Required information Exercise 7-1 Accounts receivable subsidiary ledger; schedule of accounts receivable LO C1 [The following
1. Prepare a general ledger having T-accounts for Accounts Receivable, Sales, and Sales Returns and Allowances. Post these en
End Bal 0 0 End Bal 0 Sales Returns and Allowances Accounts Receivable Subsidiary Ledger Ski Shop End. Bal 0 End Bal 0 0 Welc

second part
2. Prepare a schedule of accounts receivable. VAIL COMPANY Schedule of Accounts Receivable November 30 0 Total
0 0
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Sales $ 167 Nov.5 Nov. 5 Nov. 10 General Ledger Accounts receivable $5,537 Nov. 21 $ 1,104 $ 647 $ 2,3021 $5,537 $ 1,104 $ 64

VAIL COMPANY Schedule of Accounts receivable Nov. 30 Ski Shop 7,839 Welcome Enterprises 1,104 Zia Natara 480 Total 9,423

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