CCC4 Cookie Creations is gearing up for the winter holiday season. During the month of December 2011, the following transactions occur.

Dec. 1 Natalie hires an assistant at an hourly wage of $8 to help with cookie making and some administrative duties.

Dec. 5 Natalie teaches the class that was booked on November 25.The balance outstanding is received.

Dec. 8 Cookie Creations receives a check for the amount due from the neighborhood school for the class given on November 30.

Dec. 9 Cookie Creations receives $750 in advance from the local school board for five classes that the company will give during December and January.

Dec. 15 Pays the cell phone invoice outstanding at November 30.

Dec. 16 Issues a check to Natalies brother for the amount owed for the design of the website.

Dec. 19 Receives a deposit of $70 on a cookie class scheduled for early January.

Dec. 23 Additional revenue earned during the month for cookie-making classes amounts to $4,000. (Natalie has not had time to account for each class individually.) $3,000 in cash has been collected and $1,000 is still outstanding. (This is in addition to the December 5 and December 9 transactions.)

Dec. 23 Additional baking supplies purchased during the month for sugar, flour, and chocolate chips amount to $1,250 cash

. Dec. 23 Issues a check to Natalies assistant for $800. Her assistant worked approximately 100 hours from the time in which she was hired until December 23.

Dec. 28 Pays a dividend of $600 to the common shareholder (Natalie).

Using the information that you have gathered and the general ledger accounts that you have prepared through Chapter 3, plus the new information above, do the following.

(a) Journalize the above transactions.