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Coolie Creations is gearing up for the winter holiday season. During the month of December 2 0 2 5 , the following transactions occur. Dec.
Coolie Creations is gearing up for the winter holiday season. During the month of December the following transactions occur.
Dec. Natalic hires an assistant at an hourly wage of $ to help with cookie making and some admiristrative duties.
Natalie teaches the class that was booked on Nowember when a $ deposit on the class was paid in advance. The balance outstanding is received.
Cookie Creations receives a $ check for the amount due from the neighborhood school for the class given on
November
Cookie Creations receives $ in advance from the local school board for five classes that the company will give during December and Jamuary.
Pays the $ cell phone imvoice outstanding at November
Issues a chedk to Natalie's brother for the $ amount owed for the design af the website
Receives a deposit of $ on a cookie class scheduled for early January.
Additional revenue diuring the month for cooloicmaking classes amounts to $Natalie has not had time to account for each cllss individually $ in cash has been collected and $ is still outstanding. This is in addition to the December and December trarsactions.
Additional batcing supplies punchased during the month for sugar, flour, and chocolate chips amount to $ paid in
cash
Issues a cheoik to Natalie's assistant for $ Her assistant worked approximately hours from the time in which she was hired until December
Pays a dividend of $ to the common shareholder Natalie
The trial balance from November is shown below:
COOKIE CREATIONSINC.
Trial Balance
Nowember
tabletableCOOKIE CREATIONSINC.Trial BalanceNovember Debit,CreditCashAccounts Recrivable,SuppliesPrepaid Insurance,EquipmentWebriteAscounts Payable,,$
Journalize the above transactions
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