Saved 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 Palacetherapy 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 Aug. 2 Nos sold 10 tees of merchandise to Salon World on account at selling price of $1,000 (total), teres 1/3, 0. The goods cost NOS $640. Nos sold 5 identical Items of merchandise to Cosmetics 4 You on account at selling price of $60 (total), teres 1/10, 1/3. The goods costos 539 6 Cosmetics & You returned one of the items purchased on August 3. The It could still be sold by MS Se the future, and credit was given to the customer. 10 Collected payment from Salon World, fully paying off the account balance 20 Sold two at home spa kits to Meghan itsel for 52% cash. The goods costosas 22 Cosmetics 4 You paid its remaining account balance in full Required: 1. Prepare journal entries for each transaction. If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet NGS sold 10 items of merchandise to Salon World on account at a selling price of $1,000 (total): terms 1/10, 1/30 Note: Enter debts before credits General Journal Debit Credit Date Aug 2 re to search O Saved Nicole's Getaway Spa (NGS) has been so successful that Nicole has decided to expand her spa by selling merchandise. She sels things such as nail polish, at-home spa kits, cosmetics, and Palacetherapy 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 Aug. 2 s sold 10 items of merchandise to Salon World on account at a selling price of $1,000 (total); teres 1/10, 1/30. The goods cost NOS 1640 3 Nos sold 5 identical tens of merchandise to Cosmetics 4 You on account at a selling price of $820 (total); teres 1/10, 1/30. The goods cost OS 3.395. 6 Cosmetics & You returned one of the items purchased on August 3. The tee could still be sold by NS in the future, and credit was given to the customer 10 Collected payment from Salon World, fully paying off the account balance 20 Sold two at home spa kits to Meghan Witzel for $295 cash. The goods costos sas. 22 Cosmetics 4 You paid its remaining account balance in full. Required: 1. Prepare journal entries for each transaction of no entry is required for a transaction/event, select 'No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet 2 3 5 6 8 10 > Record the cost of goods sold of $640. Note Enter debts borer General Journal Del Date Aug 2 E are to search 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 Palacetherapy 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 Aug. 2 Nos sold 10 items of merchandise to Salon World on account at selling price of $1,000 (total), terus 1/10, 1/30. The goods cost NS 5640 3 Nos sold 5 identical Itens of merchandise to Cosmetics 4 You on account at a selling price of $820 (total); terus 1/10, n/30. The goods cost NGS $395. 6 Cosmetics & You returned one of the items purchased on August ). The iten could still be sold by was in the future, and credit was given to the customer 10 Collected payment from Salon World, fully paying off the account balance 20 Sold two at home spa kits to Meghan Witzel for $295 cash. The goods cost NS $5. 22 Cosmetics 4 You paid its remaining account balance in full. Required: 1. Prepare journal entries for each transaction (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet 2 3 5 6 7 9 10 > NGS sold identical items of merchandise to Cosmetics 4 You on account at a selling price of $820 (total); terms 1/10, 1/30 Home Enter debts before credits General Journal Deble Credit Date Aug 3 25 Nad > 1 O here to search E RE 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 Palacetherapy 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 Aug. 2 Nos sold 10 items of merchandise to Salon World on account at selling price of $1.000 (total); terms 1/10, 1/3. The goods cost NS $140. 3 NS sold 5 identical Items of merchandise to Cosmetics 4 You account at selling price of 5820 (total), ter 1/10, 1/3. The goods cost NS $395. 6 Cosmetics 4 You returned one of the items purchased on August). The ite could still be sold by in the future, and credit was given to the customer 10 Collected payment from Salon World, fully paying off the account balance 20 Sold two at-home spa kits to Meghan itsel for 5295 cash. The goods cost 50 22 Cosmetics 4 you paid its remaining account balance in full Required: 1. Prepare journal entries for each transaction. If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transactions Journal entry worksheet 5 6 7 > Record the cost of goods sold of 3395 Note: Enter debts before credits Dabe Aug General Journal Credit te to search 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 Palacetherapy 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 Aug. 2 Nos sold 10 itens of merchandise to Salon World on account at selling price of $1,000 (total) terms 1/10, 1/30. The goods cost NGS $640. NGS sold 5 Identical items of merchandise to Cosmetics 4 You on account at selling price of 5320 (total), teras 1/10, 1/30. The goods cost NOS $395. 6 Cosmetics 4 You returned one of the items purchased on August 3. The itew could still be sold by w in the future, and credit was given to the customer. 10 Collected payment from Salon World, fully paying off the account balance 20 Sold two at home spa kits to Meghan wel for $295 cash. The goods cost was sas. 22 Cosmetics 4 You peld its remaining account balance in full Required: 1. Prepare journal entries for each transaction (if no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction lit Journal entry worksheet 4 5 6 7 10 > Cosmetics 4 You returned one of the items purchased on August 3 Notes Enter General Journal Dell Date Aug 6 o e to search 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 Palacetherapy 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 Aug. 2 was sold 10 itens of merchandise to Salon World on account tselling price of $1,000 (total), teras 1/10, 1/3. The goods cost was $64. 3 is sold 5 identical items of merchandise to Cosmetics 4 You on account at a selling price of $20 (total); terus 1/10, n/30. The goods cost NGS $395. 6 Comics & You returned one of the items purchased on August). The item could still be sold by was in the future, and 10 Collected payment from Salon World, fully paying off the account balance 20 Sold two at home spe Kits to Meghan Witsel for $295 cash. The goods costos 585 22 Cosmetics 4 You pald its rentining count balance in full. Required: 1. Prepare journal entries for each transaction (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field) View transaction is Journal entry worksheet 2 3 5 6 7 8 9 10 Record the entry for cost of item returned Note: Enter debits before credite General Journal Dwi Crode Date Aug here to search E Nicole's Getaway Spa (NGS) has been so successful that Nicole has decided to expand her sa by seling merchandise She sels things such as nail polish, at home sales cosmetics, and Palacetherapy tems 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 Aug. 2 is sold 18 items of merchandise to Salon world on account et selling price of $1.000 (total): tes 1/3. The prode cost MS 5640 3 is sold 5 Identical items of warchandise to Cometics twing price of totalster 1/18, /. The goods cest NOS 1995 6 Cosmetics 4 You returned one of the items purchased on it. The could still be sold by the future, and credit was given to the custo 10 Collected payment from Salon World, fully paying off the account balance 20 Sold weat-home we kite to Meghan it for 529 cash. The cost wss 22 Cosmetics 4 You paldits remaining account balance in full Required: 1. Prepare journal entries for each transaction. If no entry is required for transaction/event, select "Ne Journal Entry Required in the first account field) View transactional Journal entry worksheet here to search O Nicole's Getaway Spa INGS) has been so successful that cole has decided to expand her spa by seling merchandise. She sells things such as nail polish at home spa kits, cosmetics, and Palacetherapy tems 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 kug, 2 sold 1 of merchandise to Salon world cut et a wiling price of $1. tutal); Teres 1/1, the goods cost NOSSA 3 NS sold 5 identical items of merchandise to Cosmetics & You account at wlling price of $(total), tere 17 Comets & you returned one of the items purchased on gust 3. The could still be sold by wes is the future, and credit was given to the customer 10 Collected payment from Salon world, fully paying off the account balance 20 Sold two at-home kit to Meghantal for sencash. The good cost s 22 Cosmetics 4 Youpold Its remaining account balance in full Required: 1. Prepare journal entries for each transaction. Of no entry is required for a transaction/event, select "No Journal Entry Required in the first account field) View transaction is Journal entry worksheet 7 10 Sold wat home salite to Meghan Wit for 1295 cash General Journal Debe Aug 20 to search RE E 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 Palacetherapy 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 Aug. 2 NS sold 10 items of merchandise to Salon World on account at a selling price of $1,000 (total), teres 1/10, 1/30. The goods 3 MS sold 5 identical items of merchandise to Cosmetics 4 You on account at selling price of $20 (total), teras 1/10, 1/3. The goods cost as $395. 6 Cosmetics 4 You returned one of the items purchased on August 3. The item could still be sold by MS in the future, and credit was given to the customer 10 Collected payment from Salon World, fully paying off the account balance. 20 Sold two at home spa kits to Meghan Witzel for $295 cash. The goods cost mo sa 22 Cosmetics 4 You paid its remaining account balance in full. Required: 1. Prepare journal entries for each transaction of no entry is required for a transactionevent, select "No Journal Entry Required" in the first account field.) View transactionist Journal entry worksheet 1 2 3 5 6 7 8 9 10 Cosmetics 4 You paid its remaining account balance in full. General Journal Deba Credit Date Aug 22 here to search O E