General Journal r 5 Accounts Receivable-Ski Shop Sales Accounts Receivable-Welcome Incorporated Sales 10 Accounts Receivable-Zia Company Sales 21 Sales Returns and Allowances 13 30 Accounts Receivable-Zia Company Accounts Receivable-Ski Shop Sales Debit 4,615 1,350 832 209 2,713 Credit 4,615 1,350 832 209 2,713

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Vail Company recorded the following transactions during November.
Date
November 5
November 10
November 13
November 21
November 30
General Journal
Accounts Receivable-Ski Shop
Sales
Accounts Receivable-Welcome Incorporated
Sales
Accounts Receivable-Zia Company
Sales
Sales Returns and Allowances
Accounts Receivable-Zia Company
Accounts Receivable-Ski Shop
Sales
Debit
4,615
1,350
832
209
2,713
Credit
4,615
1,350
832
209
2,713
1. Post these entries to both the general ledger accounts and the accounts receivable ledger subsidiary ledger accounts.
2. Prepare a schedule of accounts receivable.
Transcribed Image Text:Vail Company recorded the following transactions during November. Date November 5 November 10 November 13 November 21 November 30 General Journal Accounts Receivable-Ski Shop Sales Accounts Receivable-Welcome Incorporated Sales Accounts Receivable-Zia Company Sales Sales Returns and Allowances Accounts Receivable-Zia Company Accounts Receivable-Ski Shop Sales Debit 4,615 1,350 832 209 2,713 Credit 4,615 1,350 832 209 2,713 1. Post these entries to both the general ledger accounts and the accounts receivable ledger subsidiary ledger accounts. 2. Prepare a schedule of accounts receivable.
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