Question: hi can someone please help me! emental Assignment i Saved Help Required information (The following information applies to the questions displayed below.) Nicole has decided
hi can someone please help me! emental Assignment i Saved Help Required information (The following information applies to the questions displayed below.) Nicole has decided that she is going to start her business, Nicole's Getaway Spa (NGS). A lot has to be done when startin a new business. Here are some transactions that have occurred prior to April 30. a. Received $100,000 cash when issuing 10.000 new common shares. b. Purchased land by paying $9,500 cash and signing a note payable for $13,500 due in three years. c. Hired a new aesthetician for a salary of $3,000 a month, starting next month. d. NGS purchased a company car for $38,000 cash (list price of $41000) to assist in running errands for the business, e. Bought and received $1.150 in supplies for the spa on credit. f Paid $360 of the amount owed in (e) g. Nicole sold 100 of her own personal shares to Raea Gooding for $700. 2. Assuming that the beginning balances in each of the accounts are zero, complete T-accounts to summarize the transactions in (9) Supplies Cash Prev 4 of 9 Next > earch Served 2 Required information Cash t 2 of 4 Beg. Bal. Supplies Beg Bal a Ts End. Bal Book End. Bal. Terences Equipment Land Beg Bal Beg Bal End. Bal End Bal Accounts Payable Note Payable (long-term) Beg. Bal Beg Bal. here to search
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