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Nicole has decided that she is going to start her business Nicole's Getaway Spa (NGS) A lot has to be done when starting a new

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Nicole has decided that she is going to start her business Nicole's Getaway Spa (NGS) A lot has to be done when starting a new business. Here are some transactions that have occurred prior to April 30. a. Received $80,000 cash when issuing 8,000 new common shares. b. Purchased land by paying $2,000 cash and signing a note payable for $7000 due in three years c. Hired a new aesthetician for a salary of $1.000 a month, starting next month d. NGS purchased a company car for $18,000 cash (list price of $21000) to assist in running errands for the business. e Bought and received $1,000 in supplies for the spa on credit. Paid $350 of the amount owed in (el 9. Nicole sold 100 of her own personal shares to Raea Gooding for $300. 2. Assuming that the beginning balances in each of the accounts are zero, complete T-accounts to summarize the transactions in a Igl Cash Supplies Beg Bal Beg Bal Next

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