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a. Received $96,000 cash when Issuing 9,600 new common shares. b. Purchased land by paying $7,500 cash and signing a note payable for $11,500 due

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a. Received $96,000 cash when Issuing 9,600 new common shares. b. Purchased land by paying $7,500 cash and signing a note payable for $11,500 due in three years. c. Hired a new aesthetician for a salary of $2,600 a month, starting next month. d. NGS purchased a company car for $34,000 cash (list price of $37,000) to assist in running errands for the business. e. Bought and received $950 in supplies for the spa on credit. Pald $230 of the amount owed in (e). g. Nicole sold 100 of her own personal shares to Raea Gooding for $300. CC2-1 Part 3 3. Prepare a classified balance sheet at April 30 using the information given in the transactions. Include Retained Earnings with a zero balance. NICOLE'S GETAWAY SPA Balance Shoot At April 30 Assets Current Assets OU

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