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Nicole's Getaway Spa (NGS) continues to grow and develop. Nicole is now evaluating a computerized accounting system and needs your help in understanding how source

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Nicole's Getaway Spa (NGS) continues to grow and develop. Nicole is now evaluating a computerized accounting system and needs your help in understanding how source documents Inform accounting processes. She also needs some help reconciling NGS's bank account CC5-1 Part 2 2 Nicole has asked you to prepare a bank reconciliation for NGS. According to her records, NGS's cash balance is $7.000 at December 31, but the bank reports a balance of $6,500. a. The bank deducted $400 for an NSF check from a customer deposited on December 22 b. NGS has written checks totaling $4,500 that have not yet cleared the bank C. The bank added $60 cash to the account for interest earned in December d. NGS made a $4.240 deposit on December 31, which will be recorded by the bank in January e. The bank deducted $60 for service charges NGS wrote a check to a supplier on account for $400 but mistakenly recorded it blete Answer is not NICOLE'S GETAWAY SPA Bank Reconciliation At December 31 6,000 7.000 Statement Bank Statement Ending Balance per Bank s Additions Deposit in Transit 4240 Outstanding Check 3 (4.500) na Park Service Oranges @ 000 Deductions: Deductions NSF check Bank Service Error recording Up-to-One Cash Balance $ 3,540s-Dre Court Nicole's Getaway Spa (NGS) continues to grow and develop. Nicole is now evaluating a computerized accounting system and needs your help in understanding how source documents Inform accounting processes. She also needs some help reconciling NGS's bank account CC5-1 Part 3 3. Prepare journal entries for Items (0-) from the bank reconciliation (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transactions The bank deducted $400 for an NSF check from a Customer deposited on December 22. Record the transaction NGS has written checks totaling $4,500 that have not yet cleared the bank Record the transaction The bank added $60 cash to the account for interest earned in December. Record the transaction NGS made a $4.240 deposit on December 31, which will be recorded by the bank in January. Record the ansaction he bank deducted 560 for service charges. Reco journal entry has been entered ENGS wrote a check to a supplier on account for $400 but mistakenly recorded it as $40. Record the transaction. Note = journal entry has been entered 14 Part 4 Required information CC5-1 Accounting for Cash Receipts, Purchases, and Cash Payments and Reconelling Items [LO 3-3, LO 3-4, LO 3-5) The following information applies to the questions displayed below] Nicolo's Getaway S INGS, Continues to grow and develop Nicole is now n a computertzed accounting system and needs your help in understanding how source documents Inform accounting processes. She also needs some help reconciling NGS's bank account CC5-1 Part 4 4. YNGS is has $220 of potty cash and $2.000 invested in government Treasury is purchased in August what is the amount of Cash and Cash Equivalents on NGSs December 31 balance sheet foto Cama Cash Events

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