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Part 3 of 4 10 points 04:20:26 eBook Print References Required information [The following information applies to the questions displayed below.] Nicole has decided that she is going to start her business, Nicole's Getaway Spa (NGS). A lot has to be done when starting a new business. Here are some transactions that have occurred prior to April 30. a. Received $80,000 cash when issuing 8,000 new common shares. b. Purchased land by paying $2,000 cash and signing a note payable for $7,000 due in three years. c. Hired a new aesthetician for a salary of $1,000 a month, starting next month. d. NGS purchased a company car for $18,000 cash (list price of $21,000) to assist in running errands for the business. e. Bought and received $1,000 in supplies for the spa on credit. f. Paid $350 of the amount owed in (e). g. Nicole sold 100 of her own personal shares to Raea Gooding for $300. 3. Prepare a classified balance sheet at April 30 using the information given in the transactions. Include Retained Earnings with a zero balance. 4 NICOLE'S GETAWAY SPA Balance Sheet 0

Required informotion [The following information applies to the questions displayed below] Nicole has declded that she is going to start her business. Nicole's Getaway Spa (NGS). A lot has to be done when starting a new business. Here are some transactions that have occurred prior to Aptil 30 a. Recelved $80,000 cosh when issuing 8.000 new common shares. b. Puichased land by paying $2,000 cash and signing a note payable for $7,000 due in three ycars. c. Hired a new aes thetician for a satary of $1,000 a month, starting next month. d. NGS purchased a company car for $18,000 cash fist price of $21000 ) to assist in running errands for the business. e. Bought and recelved $1,000 in supplies for the spa on credit. (Paid $350 of the amount owed in (e) g. Nicole sold 100 of her own personal shares to Raea Cooding for $300 3. Prepare a classifled balance sheet at Aptll 30 using the information given in the trartsactions, Include Retained Eainings with a zero balance

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