Vail Company recorded the following transactions during November. Date General Journal Debit Credit November 5 Accounts Receivable-Ski Shop 4,948 Sales 4,948 November 10 Accounts Receivable-Welcome Incorporated Sales 1,758 1,758 November 13 Accounts Receivable-Zia Company Sales 1,031 1,031 November 21 Sales Returns and Allowances 266 Accounts Receivable-Zia Company 266 November 30 Accounts Receivable-Ski Shop 3,665 Sales 3,665 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. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Post these entries to both the general ledger accounts and the accounts receivable ledger subsidiary ledger accounts. General Ledger Accounts Receivable Ending Balance 0 0 Sales Ending Balance Sales Returns and Allowances Ending Balance 0 Accounts Receivable Subsidiary Ledger Ski Shop Ending Balance 0 0 Zia Company Ending Balance 0 Welcome Incorporated 0 Ending Balance 0 0 < Required 1 Required 2 >
Vail Company recorded the following transactions during November. Date General Journal Debit Credit November 5 Accounts Receivable-Ski Shop 4,948 Sales 4,948 November 10 Accounts Receivable-Welcome Incorporated Sales 1,758 1,758 November 13 Accounts Receivable-Zia Company Sales 1,031 1,031 November 21 Sales Returns and Allowances 266 Accounts Receivable-Zia Company 266 November 30 Accounts Receivable-Ski Shop 3,665 Sales 3,665 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. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Post these entries to both the general ledger accounts and the accounts receivable ledger subsidiary ledger accounts. General Ledger Accounts Receivable Ending Balance 0 0 Sales Ending Balance Sales Returns and Allowances Ending Balance 0 Accounts Receivable Subsidiary Ledger Ski Shop Ending Balance 0 0 Zia Company Ending Balance 0 Welcome Incorporated 0 Ending Balance 0 0 < Required 1 Required 2 >
College Accounting (Book Only): A Career Approach
13th Edition
ISBN:9781337280570
Author:Scott, Cathy J.
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Chapter9: Sales And Purchases
Section: Chapter Questions
Problem 10E: Kelley Company has completed the following October sales and purchases journals: a. Total and post...
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Question
![Vail Company recorded the following transactions during November.
Date
General Journal
Debit
Credit
November 5 Accounts Receivable-Ski Shop
4,948
Sales
4,948
November 10
Accounts Receivable-Welcome Incorporated
Sales
1,758
1,758
November 13
Accounts Receivable-Zia Company
Sales
1,031
1,031
November 21
Sales Returns and Allowances
266
Accounts Receivable-Zia Company
266
November 30
Accounts Receivable-Ski Shop
3,665
Sales
3,665
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.
Complete this question by entering your answers in the tabs below.
Required 1
Required 2
Post these entries to both the general ledger accounts and the accounts receivable ledger subsidiary ledger accounts.
General Ledger
Accounts Receivable
Ending Balance
0
0
Sales
Ending Balance
Sales Returns and Allowances
Ending Balance
0
Accounts Receivable Subsidiary Ledger
Ski Shop
Ending Balance
0
0
Zia Company
Ending Balance
0
Welcome Incorporated
0
Ending Balance
0
0
<
Required 1
Required 2 >](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F7fa7a1ad-5c12-460a-acf7-d0dbf0330c43%2Fbaa523a0-3609-4fd7-a652-b2366f859a69%2F5r48yb_processed.png&w=3840&q=75)
Transcribed Image Text:Vail Company recorded the following transactions during November.
Date
General Journal
Debit
Credit
November 5 Accounts Receivable-Ski Shop
4,948
Sales
4,948
November 10
Accounts Receivable-Welcome Incorporated
Sales
1,758
1,758
November 13
Accounts Receivable-Zia Company
Sales
1,031
1,031
November 21
Sales Returns and Allowances
266
Accounts Receivable-Zia Company
266
November 30
Accounts Receivable-Ski Shop
3,665
Sales
3,665
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.
Complete this question by entering your answers in the tabs below.
Required 1
Required 2
Post these entries to both the general ledger accounts and the accounts receivable ledger subsidiary ledger accounts.
General Ledger
Accounts Receivable
Ending Balance
0
0
Sales
Ending Balance
Sales Returns and Allowances
Ending Balance
0
Accounts Receivable Subsidiary Ledger
Ski Shop
Ending Balance
0
0
Zia Company
Ending Balance
0
Welcome Incorporated
0
Ending Balance
0
0
<
Required 1
Required 2 >
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