7 Q 1-2 Example of requirements: Question portions: ...

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Accounting

7 Q 1-2

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Required information The following information applies to the questions displayed below.] Vail Company recorded the following selected transactions during November Current Year. Debit Credit 5,898 Date General Journal Nov. 5 Accounts Receivable-Ski Shop Sales 5,898 10 Accounts Receivable-Welcome Enterprises 2,021 Sales 2,021 13 Accounts Receivable-Zia Natara 1,185 Sales 1,185 21 Sales Returns and Allowances 306 Accounts Receivable-Zia Natara 306 30 Accounts Receivable-Ski Shop 4,213 Sales 4,213 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

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