Required information [The following information applies to the questions displayed below] Nicole's Getaway Spa (NGS) has been so successful that Nicole has decided to expand her spa by selling merchandise. She sells things such as nail polish, at-home spa kits, cosmetics, and aromatherapy items. Nicole uses a perpetual inventory system and is starting to realize all of the work that is created when inventory is involved in a business. The following transactions were selected from among those completed by NGS in August. August 2 Sold a bundle of spa servicen with a zorchandise basket. When sold separately, the spa service part of the bundle selli for $720 and the merehandise basket normally 111l for $180. Together, the bundle was sold to Val any for eash at a selling price of $780 (total). Val booked a spa treatsent for August 10, and ahe took the basket of goodn with her. The goods had cost nos s180. August 3 sold 5 identical items of merchandise to commetica R Vs on account at a selling price of s830 (total)/ termi n/30. The goods cost NGs $730. August 6 Cosmetics R Us returned one of the five itens purchaned on August 3. The item could still be sold by NGs in the future and credit was given to the customer. August 10Val Any used one of the three spa treatments she had parehased as part of the bundle nold to her th Nugust 20 Sold two at-home spa kits to Meghan witzel for $630 eash. The goods cost nos $196. Aagust 22 Cossetion R Us paid its remaining account balance in full. Required: 1. Prepare journal entries for each transaction. No additional sales returns are expected. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) \& Answer is not complete. Required information