(d) Prepare a bank reconciliation for January 31, 2026 using the following information. Check Figure: The adjusted cash balance per the bank should be $2,96I which should equal the adjusted cash balance per the books of $2.961. GENERAL LEDGER-COOKIE CREATIONS INC. Statement of Account-Cookic Creations Inc. January 31, 2026 Additional information: 1. On December 31, 2025, there were two outstanding checks: #595 for $238 and #599 for $361. 2. Premier Bank made a posting error to the bank statement: check 4603 was issued for $425, not 3. Note the bank service charge on January 30 for $13. Use the service charge expense account. 5452 4. The deposit made January 20 was for $125 that Natalie received for teaching a class. Natalie m. Tide depost made duanary 20 was for $125 that Natalic received for teaching this transaction. Note: The journal entry originally recorded on January 20 was a debir to Cash $155 and a credit to Service Revenue S155. 5. The electronic funds transfer (EFT) was for Natalie's cell phone use. Remember that she uses 5. This phone only for business. Note the Utilities Expense account should be used for these charges. 6. The NSF check was from Ron Black. Natalie received this check for teaching a class to Ron's children. Natalie contacted Ron and he assured her that she will receive a check in the mail for the outstanding amount of the invoice and the NSF bank charge. (e) Prepare any necessary general joumal entries associated with the bank reconciliation. Use the table below for the joumal entries. (f) In addition to the bink recotceiliation journal entries prepare the following adjusting journal entries in the table an the next page: a. January depreciation of $20 is recorded on the banking equipment purchased in November 2025. b. A court reveals that 525 of supplies was used. 6. Amortization (which is similar to depreciation) of $25 is recorded on the website. (Credit the Website account and debit Amortization Expense for the amount of the amortization.) d. Interect on the 5% nose payable with Badger Bank is acerued. (Assume 1 month of interest acerued during Janury.) Round to nearest dollar Interest will not be paid until the note is due. 5. One menth's worth of insurance has expired. Insurance expires at a rate of $100 a month. 6. An analysis of the Uacarned Service Revenue aceount reveals that \$120 of the December 31 , 2025 balarce in Uneamed Service Revenue has not been eamed as of January 31, 2026. In other words. $240 of Uneamed Service Reverue was eamed during the nonth of January 2026. 7. Fecond January depreciation on the van assuming the van is expected to last for 5 years and the cutimated alvage value is $6,500. 8. Bad debt expense tor the mont of Januaty is estimated to be 87. (4) Jan 31 (5) Jan31 (6) Jan31 (7) Jan31 (8) Jan31 (g) Post adjusting journal entries for the month ending January 31, 2026 in the T-Accounts from part (b). Make sure you post the adjusting journal entries for part (e) and part (f). (h) Prepare an adjusted trial balance as of January 31, 2026. Check Figure: The total of all debits should be $55,769, which should equal the total of credits of $55,769. COOKIE CREATIONS INC. Adjusted Trial Balance January 31, 2026 (i) Prepare an income statement and a retained earnings statement for the 1 -month period ending January 31 , 2026. You DO NOT need to prepare a balance sheet. Assume no dividends were paid out in January 2026. Check Figure: Net Income = 1,501; Ending Retained Earnings =6,291. COOKIE CREATIONS INC. Income Statement For the Month Ended January 31,2026 COOKIE CREATIONS INC. Retained Earnings Statement For the Month Ended January 31, 2026 (j) Prepare and post closing entries as of January 31, 2026. Assume no dividends were paid out in January 2026. (2) Dec 31 (d) Prepare a bank reconciliation for January 31, 2026 using the following information. Check Figure: The adjusted cash balance per the bank should be $2,96I which should equal the adjusted cash balance per the books of $2.961. GENERAL LEDGER-COOKIE CREATIONS INC. Statement of Account-Cookic Creations Inc. January 31, 2026 Additional information: 1. On December 31, 2025, there were two outstanding checks: #595 for $238 and #599 for $361. 2. Premier Bank made a posting error to the bank statement: check 4603 was issued for $425, not 3. Note the bank service charge on January 30 for $13. Use the service charge expense account. 5452 4. The deposit made January 20 was for $125 that Natalie received for teaching a class. Natalie m. Tide depost made duanary 20 was for $125 that Natalic received for teaching this transaction. Note: The journal entry originally recorded on January 20 was a debir to Cash $155 and a credit to Service Revenue S155. 5. The electronic funds transfer (EFT) was for Natalie's cell phone use. Remember that she uses 5. This phone only for business. Note the Utilities Expense account should be used for these charges. 6. The NSF check was from Ron Black. Natalie received this check for teaching a class to Ron's children. Natalie contacted Ron and he assured her that she will receive a check in the mail for the outstanding amount of the invoice and the NSF bank charge. (e) Prepare any necessary general joumal entries associated with the bank reconciliation. Use the table below for the joumal entries. (f) In addition to the bink recotceiliation journal entries prepare the following adjusting journal entries in the table an the next page: a. January depreciation of $20 is recorded on the banking equipment purchased in November 2025. b. A court reveals that 525 of supplies was used. 6. Amortization (which is similar to depreciation) of $25 is recorded on the website. (Credit the Website account and debit Amortization Expense for the amount of the amortization.) d. Interect on the 5% nose payable with Badger Bank is acerued. (Assume 1 month of interest acerued during Janury.) Round to nearest dollar Interest will not be paid until the note is due. 5. One menth's worth of insurance has expired. Insurance expires at a rate of $100 a month. 6. An analysis of the Uacarned Service Revenue aceount reveals that \$120 of the December 31 , 2025 balarce in Uneamed Service Revenue has not been eamed as of January 31, 2026. In other words. $240 of Uneamed Service Reverue was eamed during the nonth of January 2026. 7. Fecond January depreciation on the van assuming the van is expected to last for 5 years and the cutimated alvage value is $6,500. 8. Bad debt expense tor the mont of Januaty is estimated to be 87. (4) Jan 31 (5) Jan31 (6) Jan31 (7) Jan31 (8) Jan31 (g) Post adjusting journal entries for the month ending January 31, 2026 in the T-Accounts from part (b). Make sure you post the adjusting journal entries for part (e) and part (f). (h) Prepare an adjusted trial balance as of January 31, 2026. Check Figure: The total of all debits should be $55,769, which should equal the total of credits of $55,769. COOKIE CREATIONS INC. Adjusted Trial Balance January 31, 2026 (i) Prepare an income statement and a retained earnings statement for the 1 -month period ending January 31 , 2026. You DO NOT need to prepare a balance sheet. Assume no dividends were paid out in January 2026. Check Figure: Net Income = 1,501; Ending Retained Earnings =6,291. COOKIE CREATIONS INC. Income Statement For the Month Ended January 31,2026 COOKIE CREATIONS INC. Retained Earnings Statement For the Month Ended January 31, 2026 (j) Prepare and post closing entries as of January 31, 2026. Assume no dividends were paid out in January 2026. (2) Dec 31