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Cookie Creations 4 a-c (Part Level Submission) Natalie had a very busy December. At the end of the month, after journalizing and posting the December
Cookie Creations 4 a-c (Part Level Submission) Natalie had a very busy December. At the end of the month, after journalizing and posting the December transactions and adjusting entries, Natalie prepared the following adjusted trial balance. COOKIE CREATIONS Adjusted Trial Balance December 31, 2019 Credit Debit $900 665 270 920 900 $30 55 43 Cash Accounts Receivable Supplies Prepaid Insurance Equipment Accumulated Depreciation-Equipment Accounts Payable Salaries and Wages Payable Interest Payable Unearned Service Revenue Notes Payable Owner's Capital Owner's Drawings Service Revenue Salaries and Wages Expense Utilities Expense 10 230 1,500 610 380 3,442 765 95 125 780 Advertising Expense Supplies Expense Depreciation Expense Insurance Expense Interest Expense 30 80 10 $5,920 $5,920 (13) Prepare a classified balance sheet at December 31, 2019. The note payable has a stated interest rate of 6%, and the principal and interest are due on November 16, 2021. (List Current Assets in order of liquidity.) COOKIE CREATIONS Balance Sheet Assets Liabilities and Owner's Equity Click if you would like to Show Work for this question: Open Show Work
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