Dec. 1 Natalie hires an assistant at an hourly wage of $8 to help with cookie making and some administrative duties. 5 8 9 Natalie teaches the class that was booked on November 25 when a $60 deposit on the class was paid in advance. The $90 balance outstanding is received. Cookie Creations receives a $300 check for the amount due from the neighborhood school for the class given on November 30. Cookie Creations receives $750 in advance from the local school board for five classes that the company will give during December and January. Pays the $50 cell phone invoice outstanding at November 30. 15 16 Issues a check to Natalie's brother for the $600 amount owed for the design of the website. 19 23 23 23 Receives a deposit of $60 on a cookie class scheduled for early January. Additional revenue 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.) Additional baking supplies purchased during the month for sugar, flour, and chocolate chips amount to $1,250 paid in cash. Issues a check to Natalie's assistant for $800. Her assistant worked approximately 100 hours from the time in which she was hired until December 23.1 28 Pays a dividend of $500 to the common shareholder (Natalie). COOKIE CREATIONS INC. Trial Balance November 30, 2025 Debit Credit Cash $340 Accounts Receivable 300 Supplies 220 Prepaid Insurance 1,200 Equipment 1,200 Website 600 Accounts Payable $650 Unearned Service Revenue 60 Notes Payable 2,000 Common Stock 800 Service Revenue 400 Utilities Expense 50 $3,910 $3,910 As of December 31, Cookie Creations' year-end, the following adjusting entry data are provided. 1. A count reveals that $45 of brochures and posters (supplies) were used. 2 3 4 5. 6. Depreciation is recorded on the baking equipment purchased in November. The baking equipment has a useful life of 5 years. Assume that 2 months' worth of depreciation is required. Amortization (which is similar to depreciation) is recorded on the website. (Credit the Website account and debit Amortization Expense for the amount of the amortization) The website is amortized over a useful life of 2 years and was available for use on December 1. Interest on the 9% note payable is accrued. (Assume that 1.5 months of interest accrued during November and December.) One month's worth of insurance has expired. Natalie is unexpectedly telephoned on December 28 to give a cookie class at the neighborhood community center on December 31. In early January Cookie Creations sends an invoice for $450 to the community center. 7. A count reveals that $1.025 of baking supplies were used. 8. 9. 10. A cell phone invoice is received for $75. The invoice is for services provided during the month of December and is due on January 15. Because the cookie-making class occurred unexpectedly on December 31 and is for such a large group of children, Natalie's assistant helps out. Her assistant worked 7 hours at a rate of $8 per hour. An analysis of the Unearned Service Revenue account reveals that two of the five classes paid for by the local school board on December 9 still have not been taught by the end of December. The $60 deposit received on December 19 for another class also remains unearned SUPPO Enter the November balances and post the December transactions. (Use the general ledger accounts shown in problem statement.) (Post entries in the order of journal entries presented in the previous part.) 12/5 Cash 90 12/15 50 300 12/8 12/16 600 12/9 750 12/23 1250 12/19 60 12/23 800 12/23 3000 12/28 500 12/30 Bal 1340 12/30 Bal 3000 12/23 Accounts Receivable 1000 12/8 300 Ps 12/30 Bal 450 Supplies 12/23 1250 12/30 45 12/30 Bal. 1025 Prepaid Insurance 12/30 1200 12/30 100 Equipment 12/30 Bal. 1200 Website 12/30 600 12/30 Bal 25 Accounts Payable 12/15 50 12/30 650 12/16 600 12/30 Bal 75 12/5 Unearned Service Revenue 60 12/9 12/30 450 12/19 60 750 12/30 Bal 360 Notes Payable 12/30 Bal. 2000 Common Stock Dividends 12/30 Bal 800 500 500 12/30 12/28 Service Revenue 12/5 150 Dividends 500 12/28 500 12/30 Service Revenue 150 12/5 12/23 4000 450 5450 12/30 12/30 12/30 12/23 eTextbook and Media Utilities Expense 75 Salaries and Wages Expense 800 12/30 56