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COOKIE CREATIONS Trial Balance November 30, 2019 Debit Credit Cash $ 245 Supplies 125 Prepaid Insurance 1,320 Equipment 1,200 Unearned Service Revenue $ Notes Payable

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COOKIE CREATIONS Trial Balance November 30, 2019 Debit Credit Cash $ 245 Supplies 125 Prepaid Insurance 1,320 Equipment 1,200 Unearned Service Revenue $ Notes Payable 2,000 Owner's Capital 800 Service Revenue 125 Advertising Expense 65 $2,955 $2,955 Instructions Using the trial balance from Chapter 2, and based on the new information above, do the following. (a) Prepare and post the adjusting journal entries. (b) Prepare an adjusted trial balance. (c) Using the adjusted trial balance, calculate Cookie Creations' net income or net loss for the month of November 2019

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