Help l System Announcements Unread) (i NEXT PRINTER VERSION Cookie Creations 2 (Part Level submission) Cookie creations" as a proprietorship. She After researching the different forms of business organization, Natalie Koebel decides to activities take place. then starts the process of getting the business running. In November 2016, the following Nov. 8 Natalie cashes her U.S. Savings Bonds and receives which she deposits in her onal bank account. new account. 8 She opens a bank account under the Creations and transfers $500 from her personal account to the name kie 11 Natalie for advertising. 13 She buys baking supplies, such as flour, sugar, butter, and chocolate chips, for $125 ca (Hint: Use supplies account.) 14 Natalie starts to gather some baking equipment to take with her when the cookie She has an excellent estimates food and mixer that originally cost her Natalie decides to start using it only in her new business. She that the equipment is currently worth $300. She invests the equipment in the business. which Natalie signs a 16 Natalie realizes that her initial cash investment is not enough. Her grandmother lends her $2,000 cash, for The note does not have note payable in the name of the business. Natalie deposits the money in the business bank account. (Hint: to be for 24 a result, the note payable should be reported in the accounts as the last liability and also on the sheet as the last liability.) 17 She buys more baking equipment for $900 cash. 20 She teaches her first class and collects $125 cash. payment. 25 books a second class for December 4 for $150. She receives $30 cash in advance as a down 30 Natalie pays $1320 for a one-year insurance policy that will expire on December 1, 2017. v (a) Your answer is correct. Prepare journal entries to record the November transactions. (credit account titles are automatically indented when amount is 1211/2016