After researching the different forms of business organization. Bonita Koebel decides to operate "Cookie Creations" as a proprietorship. She then starts the process of getting the business running. In November 2021 , the following activities take place. Nov. 8 Bonita cashes her U.S. Savings Bonds and receives $570, which she deposits in her personal bank account. 8 She opens a bank account under the name "Cookie Creations" and transfers $550 from her personal account to the new account. 11 Bonita pays $70 for advertising. 13 She buys baking supplies, such as flour, sugar, butter, and chocolate chips, for $140 cash. (Hint: Use Supplies account.) 14 Bonita starts to gather some baking equipment to take with her when teaching the cookie classes. She has an excellent top-of-the-line food processor and mixer that originally cost her $830. Bonita decides to start using it only in her new business. She estimates that the equipment is currently worth $330. She invests the equipment in the business. 16 Bonita realizes that her initial cash investment is not enough. Her grandmother lends her $2,200 cash, for which Bonita signs a note payable in the name of the business. Bonita deposits the money in the business bank account. (Hint: The note does not have to be repaid for 24 months. As a result, the note payable should be reported in the accounts as the last liability and also on the balance sheet as the last liability.) 17 She buys more baking equipment for $990 cash. 20 She teaches her first class and collects $140 cash. 25 Bonita books a second class for December 4 for $170. She receives $30 cash in advance as a down payment. 30 Bonita pays $1,450 for a one-year insurance policy that will expire on December 1, 2022. Prepare journal entries to record the November transactions. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Record journal entries in the order displayed in the problem.)