CC8-1 Accounting for Receivables and Uncollectible Accounts [LO 8-2, LO 8-4] The following transactions occurred over the months of September to December at Nicole's Getaway Spa (NGS). September October November December Sold spa merchandise to Ashley Welch Beauty for $2,300 on account; the cost of these goods to NGS was $1,100 Sold merchandise to Kelly Fast Nail Gallery for $650 on account; the cost of these goods to NGS was $300 Sold merchandise to Raea Gooding Wellness for $500 on account, the cost of these goods to NGS was $290 Received $1,500 from Ashley Welch Beauty for payment on its account