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 $83,000 cash when issuing 8,300 new common shares. b. Purchased land by paying $3,500 cash and signing a note payable for $5,000 due in three years. c. Hired a new aesthetician for a salary of $1,300 a month, starting next month. d. NGS purchased a company car for $21,000 cash (list price of $24,000) to assist in running errands for the business. e. Bought and received $900 in supplies for the spa on credit. f. Paid $120 of the amount owed in (e). g. Nicole sold 100 of her own personal shares to Raea Gooding for $600. CC2-1 (Algo) Part 2 2. Assuming that the beginning balances in each of the accounts are zero, complete T-accounts to summarize the transactions in (a)- (g). Cash Supplies Debit Credit Debit Credit Beginning Balance Beginning Balance Ending Balance Ending Balance Equipment Land Debit Credit Debit Credit Beginning Balance Beginning Balance Ending Balance Ending Balance Accounts Payable Notes Payable (long-term) Debit Credit Debit Credit Beginning Balance Beginning Balance Ending Balance Common Stock Debit Credit Beginning Balance Ending Balance Ending Balance