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Plzz help, all information is here. need help filling out question 2, 3, and 4

The following transactions occurred over the months of September to December at Nicole's Getaway Spa (NGS). Soptember sold upa merchandise to Ashley weleh Beauty for $1,300 on account; the cost of these goodi to Ncs was 5700 . October sold nerehandine to kelly Fant Nail Gallery for 5250 on account; the cont of these goodn to nGs was $100. Movenber sold nerehandine to raea Gooding Wellnesi for $100 on account, the cost of thene goods to ros was s9o. Required: 1. Prepare journal entries for each of the transactions. Assume a perpetual inventory system. 2. Estimate the Allowance for Doubtful Accounts required at December 31 , assuming the only receivables outstanding at December 31 arise from the transactions listed above. NGS uses the aging of accounts receivable method with the following uncollectible rates: one month, 126; two months, 5%; three months, 20\%; more than three months, 40%. 3. The Allowance for Doubtful Accounts baiance was $37 (credit) before the end-of-period adjusting entry is made. Prepare the journal entry to account for the Bad Debt Expense. 4. Assume the end of the previous year showed net accounts recelvable of $700, and net sales for the current year are $8,000. Calcuiate the accounts recelvable turnover ratio. 5. Audrey's Mineral Spa has an accounts receivable turnover ratio of 8.0 times. How does NGS compare to this competitor? Complete this question by entering your answers in the tabs below. Assume the end of the previous yeer showed net accounts recelvable of $700, and net sales for the current year are $8,000. - Calculate the accounte receivable turnover ratio. (Do not round intermediate calculations, Round your final answer to 1 , decimal ploce) Tne rollowing transactions occurred over the months of September to December at Nicole's Getaway Spa (NGS). September Sold spa merchandise to Ashley welch Beaty for $1,300 on account; the cont of these goods to MGs was $700. October Sold merchandise to Kelly Fant Kail Gallery for $250 on account; the cont of theae goods to NGs was $100. November sold merchandise to Raea Gooding Wellness for $100 on account; the cost of these goods to NGS was $90. Decenber Received $900 from Ashley Keloh Beauty for payment on its account. Required: 1. Prepare journal entries for each of the transactions. Assume a perpetual inventory system. 2. Estimate the Allowance for Doubtful Accounts required at December 31 , assuming the only receivables outstanding at December 31 arise from the transactions listed above. NGS uses the aging of accounts recelvable method with the following uncoliectible rates:one month, 1\%; two months, 5\%; three months, 20\%; more than three months, 40%. 3. The Allowance for Doubtful Accounts balance was $37 (credit) before the end-of-period adjusting entry is made. Prepare the journal entry to account for the Bad Debt Expense. 4. Assume the end of the previous year showed net accounts recelvable of $700, and net sales for the current year are $8,000. Calculate the accounts recelvable turnover ratio. 5. Audrey's Mineral Spa has an accounts receivable turnover ratio of 8.0 times. How does NGS compare to this competitor? Complete this question by entering your answers in the tabs below. The Allowance for Doubtful Accounts balance was $37 (credit) before the end-of-period adjusting entry is made. Prepare the joumal entry to account for the Bad Debt Expense. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) The following transactions occurred over the months of September to December at Nicole's Getaway Spa (NGS). Septeaber sold spa merchandise to Ashley Weleh Beauty for $1,300 on account; the cost of these goods to NGS was $700. October Sold nerchandise to Kelly Fant Nail Gallery for $250 on account; the cont of thene goods to NCs was \$100. Sovember Sold merchandise to Raea Gooding Wellnesa for $100 on account; the cost of these goods to NGS waa $90. December Received $900 from Ashley Neleh Beauty for payment on its account. Required: 1. Prepare journal entries for each of the transactions. Assume a perpetual inventory system. 2. Estimate the Allowance for Doubtful Accounts required at December 31 , assuming the only receivables outstanding at December 31 arise from the transactions listed above. NGS uses the aging of accounts receivable method with the following uncollectible rates: one month, 1\%; two months, 5\%; three months, 20\%; more than three months, 40%. 3. The Allowance for Doubtful Accounts balance was $37 (credit) before the end-of-period adjusting entry is made. Prepare the journal entry to account for the Bad Debt Expense. 4. Assume the end of the previous year showed net accounts recelvable of $700, and net sales for the current year are $8,000. Calculate the accounts receivable turnover ratio. 5. Audrey's Mineral Spa has an accounts recelvable turnover ratio of 8.0 times. How does NGS compare to this competitor? Complete this question by entering your answers in the tabs below. Estimate the Allowance for Doubtful Accounts required at December 31 , assuming the only receivables outstanding at December 31 arise from the transactions listed above. NGS uses the aging of accounts recelvable method with the following uncollectible rates: one month, 1%; two months, 5%; three months, 20%; more than three months, 40%. The following transactions occurred over the months of September to December at Nicole's Getaway Spa (NGS). September Sold spa merchandise to Ashley Welch Beauty for $1,300 on account; the cost of there goods to NCS was $700. October Sold nerchandise to kelly Past Nail Gallery for $250 on account; the cost of these goods to NGs was $100. Decenber Received $900 from Authley Weleh Beauty for for $100 on accotst; the cost of these goods to sGs was $90. Required: 1. Prepare journal entries for each of the transactions. Assume a perpetual inventory system. 2. Estimate the Allowance for Doubtful Accounts required at December 31 , assuming the only receivables outstanding at December 31 arise from the transactions listed above. NGS uses the aging of accounts recelvable method with the following uncollectible rates: one month, 19; two months, 5%; three months, 20\%; more than three months, 40%; 3. The Allowance for Doubtrul Accounts balance was $37 (credit) before the end-of-period adjusting entry is made. Prepare the journal 4. Assume the end of the previous year showed net accounts receivable of $700, and net sales for the current year are $8,000. 5. Audrey's Mineratounts receivable turnover ratio. 5. Audrey's Mineral Spa has an accounts receivable turnover ratio of 8.0 times. How does NGS compare to this competitor? Complete this question by entering your answers in the tabs below. Audrey's Mineral Spa has an accounts receivable turnover rato of 8.0 times. How does NGS compare to this competitor? The following transactions occurred over the months of September to December at Nicole's Getaway Spa (NGS). September sold apa merchandise to Ashley Weleh leauty for $1,300 on account; the cost of these goods to NGS was $700. october sold nerchandise to Kelly Past Nail Gallery for $250 on account, the cont of these goodn to rics was \$100. Sovember sold nerchandise to Raea Gooding Wellness for $100 on account; the cost of these goods to wGs vas $90. December Received $900 from Anhley Welch Beauty for payment on its account. Required: 1. Prepare journal entries for each of the transactions, Assume a perpetual inventory system. 2. Estimate the Allowance for Doubtful Accounts required at December 31 , assuming the only receivables outstanding at December 31 arise from the transactions listed above. NGS uses the aging of accounts recelvable method with the following uncollectible rates: one month, 1\%; two months, 5%; three months, 20%; more than three months, 40%. 3. The Allowance for Doubtful Accounts balance was $37 (credit) before the end-of-period adjusting entry is made. Prepare the journal entry to account for the Bad Debt Expense. 4. Assume the end of the previous year showed net accounts receivable of $700, and net sales for the current year are $8,000. Calculate the accounts receivable turnover ratio. 5. Audrey's Mineral Spa has an accounts recelvable tumover ratio of 8.0 times. How does NGS compare to this competitor? Complete this question by entering your answers in the tabs below. Assume the end of the previous year showed net accounts recelvable of $700, and net sales for the current year are $8,000. Calculate the accounts receivable turnover ratio. (Do not round intermedlate calculations. Round your final answer to i decimal place) The following transactions occurred over the months of September to December at Nicole's Getaway Spa (NGS). September sold spa nerchandise to Ashley Welch Beauty for $1,300 on account; the cost of these goods to Nas was s7o0. Ootober sold merchandire to Kelly Fast Nail Gallery for $250 on account; the cost of these goods to nGs was $100. Kovember sold merehandise to Raea Gooding Wellness for $100 on aecount; the cost of these qoods to sGs was $90. December Received 5900 from Ashley Weleh Beauty for payment on its account. Required: 1. Prepare journal entries for each of the transactions. Assume a perpetual inventory system. 2. Estimate the Allowance for Doubtful Accounts required at December 31 , assuming the only receivables outstanding at December 31 arise from the transactions listed above. NGS uses the aging of accounts receivable method with the following uncollectible rates: one month, 1\%; two months, 5%; three months, 20%; more than three months, 40%. 3. The Allowance for Doubtful Accounts balance was $37 (credit) before the end-of-period adjusting entry is made. Prepare the joumal entry to account for the Bad Debt Expense. 4. Assume the end of the previous year showed net accounts receivable of $700, and net sales for the current year are $8,000. Calculate the accounts receivable turnover ratio. 5. Audrey's Mineral Spa has an accounts recelvable turnover ratio of 8.0 times. How does NGS compare to this competitor? * Answer is not complete. Complete this question by entering your answers in the tabs below. Estimate the Allowance for Doubtful Accounts required at December 31, assuming the only receivables outstanding at December 31 arise from the transactions listed above. NGS uses the aging of accounts receivable method with the following uncollectible rates: one month, 1%; two months, 5%; three months, 20%; more than three months, 40%. one montn, m\%; two montns, $%; three montns, U%; more than three montns, 4U%. 3. The Allowance for Doubtful Accounts balance was $37 (credit) before the end-of-period adjusting entry is made. Prepare entry to account for the Bad Debt Expense. 4. Assume the end of the previous year showed net accounts receivable of $700, and net sales for the current year are $8,0 Calculate the accounts receivable turnover ratio. 5. Audrey's Mineral Spa has an accounts recelvable turnover ratio of 8.0 times. How does NGS compare to this competitor? Answer is not complete. Complete this question by entering your answers in the tabs below. Prepare foumal entries for each of the transactions. Assume a perpetual inventory system. (if no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) The following transactions occurred over the months of September to December at Nicole's Getaway Spa (NGS). September sold spa merchandise to Ashley Welch Beauty for $1,300 on account; the cost of these goodn to mGS was $700. October sold nerehandise to Kelly Fast Nail Gallery for $250 on account; the cost of these goods to NGS was $100. Soventer Sold merchandise to Raea Gooding Wellness for $100 on account; the cost of these goods to NGs was $90. Decenber Received $900 trom Ashley weleh Beauty for payment on its account. Required: 1. Prepare journal entries for each of the transactions. Assume a perpetual inventory system. 2. Estimate the Allowance for Doubtful Accounts required at December 31, assuming the only recelvables outstanding at December 31 arise from the transactions listed above. NGS uses the aging of accounts receivable method with the following uncollectible rates: one month, 1\%; two months, 5%; three months, 20%; more than three months, 40%. 3. The Allowance for Doubtful Accounts balance was $37 (credit) before the end-of-period adjusting entry is made. Prepare the journal entry to account for the Bad Debt Expense. 4. Assume the end of the previous year showed net accounts receivable of $700, and net sales for the current year are $8,000. Calculate the accounts receivable turnover ratio. 5. Audrey's Mineral Spa has an accounts recelvable turnover ratio of 8.0 times. How does NGS compare to this competitor