1. For each source information shown below, prepare the appropriate journal entry. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) a. Purchase order dated October 13 for massage chairs costing $860 and oil supplies costing $335. b. Remittance advice from customer for $112, received October 17. c. Receiving report indicating October 22 receipt of October 13 order. Also received supplier invoice totaling $1,195 d. NGS check for payment in full of October 13 order.

2.	Nicole has asked you to prepare a bank reconciliation for NGS. According to her records, NGSs cash balance is $7,900 at December 31, but the bank reports a balance of $7,400.

a.

The bank deducted $460 for an NSF check from a customer deposited on December 22.

b.

NGS has written checks totaling $5,400 that have not yet cleared the bank.

c.

The bank added $45 cash to the account for interest earned in December.

d.

NGS made a $5,170 deposit on December 31, which will be recorded by the bank in January.

e.

The bank deducted $45 for service charges.

f.

NGS wrote a check to a supplier on account for $300 but mistakenly recorded it as $30.

	Prepare journal entries for items (a)(f) from the bank reconciliation. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field. If NGS also has $310 of petty cash and $1,000 invested in government Treasury bills purchased in August, what is the amount of Cash and Cash Equivalents on NGSs December 31 balance sheet?