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You are now requested to record the following events of the Get-A-Well Wishing Spa in the Balance Sheet T-Accounts provided in the excel spreadsheet. 1. Sylvie and Valerie invested their savings of 30,000 usd in the set up of the Get-A-Well Wishing Spa. 2. Initially Sylvie's mom invested 15,000 usd in common shares. 3. Later, Sylvie's mom invested 2,000,000 usd more to start up the business. 4. Also Sylvie and Valerie got a loan from the US Express Bank for 500,000 usd. 5. Once Sylvie and Valerie found the perfect location for the spa inside a small luxury resort, they decided to remodel the place and adapt it for the hydrotherapy installations. They ended up paying $330,000 usd for this build out work. 6. The investment in the hydrotherapy and mostly all the spa equipment added up a total of 850,000 usd. 7. As Sylvie and Valerie were still learning the business they decided to pay Ray MacDollars and Didi Marlene for professional advice, they invested 50,000 usd. 8. They bought some office furniture and other fixtures and paid 200,000 usd. 9. They paid for the first year of rent a total of 120,000 usd. 10. Sylvie and Valerie bought both, professional and retail products inventories. Since it was the first purchase there was no credit on sales, so they ended up paying 30,000 usd for professional products and 15,000 usd for retail products inventory. T-Accounts for Balance Sheet Accounts for the Get-A-Well Wishing Spa Cash in Bank Retail Inventories Debit (+) Credit (-) Debit (+) Credit (-) Professional Inventories Debit Credit (-) Furniture, Fixtures & Equipment FF&E Prepaid Expenses Debit Credit (+) Leasehold Improvements Debit Credit (+) (-) Debit Credit (-) III Intangible Assets Debit Credit - Notes Payable Debit Credit (-) Common Stock Debit Credit