Question

int 1 of 2 Required information Exercise 7-1 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. nts Date General Journal Nov. 5 Accounts Receivable-Ski Shop Sales Debit Credit 4,195 4,195 2,728 10 Accounts Receivable-Welcome Enterprises Sales 2,728 1,600 13 Accounts Receivable-Zia Natara Sales 1,600 413 21 Sales Returns and Allowances Accounts Receivable-Zia Natara 413 5,687 30 Accounts Receivable-Ski Shop Sales 5,687 Exercise 7-1 Part 1

Answer 1

Account Receivable
Nov, 05	$4,195		$413	Nov, 21
Nov, 10	$2,728
Nov,13	$1,600		$13,797	Closing Balance
Nov,30	$5,687
Total	14210		14210	Total
Sales Return and allowances
Nov, 21	413
			$413.00	Closing Balance
Total	413		413	Total
Welcome Enterprises
Nov, 10	2728
			$2,728.00	Closing Balance
Total	2728		2728	Total
Sales
			$4,195	Nov, 05
			$2,728	Nov, 10
			$1,600	Nov,13
Closing Balance	$14,210		$5,687	Nov,30
Total	14210		14210	Total
Accounts Receivable Subsidiary Ledger - Ski Shop
Nov, 05	4195
Nov, 30	5687
			$9,882	Closing Balance
Total	9882		9882	Total
Zia Natara
Nov, 13	1600		$413	Nov, 21
			$1,187	Closing Balance
Total	1600		1600	Total