Che Required information The following information applies to the questions disp
ID: 2553392 • Letter: C
Question
Che Required information The following information applies to the questions displayed below) Vail Company recorded the following selected transactions during November Current Year General JournalDebit Credit Nov. 5 Accounts Receivable Ski Shop 4,615 Sales 4, 615 Accounts Receivable-Welcome Enterprises 10 1, 350 Sales 1,350 13 Accounts Receivable-Zia Natara 832 Sales 832 21 Sales Returns and Allowances 209 Accounts Receivable-Zia Natara 209 30 Accounts Receivable-Ski Shop 2,713 Sales 2,713 1. Prepare a general ledger having T-accounts for Accounts Receivable, Sales, and Soles Returns and Allowances. Post these entries to both the general ledger and the accounts receivable ledger.Explanation / Answer
General Ledger Accounts Receivable 05-Nov 4615 21-Nov 209 10-Nov 1350 13-Nov 832 30-Nov 2713 End Bal 9301 Sales 05-Nov 4615 10-Nov 1350 13-Nov 832 30-Nov 2713 End Bal 9510 Slaes Returns and allowances 21-Nov 209 End Bal 209 Accounts Receivable Subsidiary Ledger 05-Nov 4615 30-Nov 2713 End Bal 7328 Welcome Enterprises 10-Nov 1350 End Bal 1350 Zia Natara 13-Nov 832 21-Nov 209 End Bal 623