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Continuing Cookie Chronicle CCC4 Cookie Crestions is gearing up for the winter holiday sesson. During the month of December 2017, the following transactions occur Dec 1 Natalie hires an assistant at an hourly wage of $8 to help with cookie making and some administrative duties. 5 Natalie tesches the class that was booked on November 25. The balance outstanding is recerved 8 Cookie Creations receives s check for the amount due from the neighborhood school for the class given on November 30. 9 Cookie Creations receives 5750 in sdvance from the locsl school board for five classes that the company will give during December and January 15 16 19 23 Pays the cell phone invoice outstanding at November 30 Issues a check to Natalie's brother for the amount owed for the design of the website. Receives s deposit of 560 on a cookie class scheduled forearly Janusry Additional revenue during the month for cookie-making classes amounts to 54,000 (Natalie has not had time to sccount for esch class individually.) 53,000 in cash has been collected and $1,000 is still outstanding. (This is in addition to the December 5 and December 9 transactions.) 23 Additional baking supplies purchssed during the moh for sugar, flour, and chocolate 23 Issues a check to Natalie's assistant for $800. Her assistant worked approximately 100 28 Pays a dividend of 5500 to the common shareholder(Natslie). chips amount to 51,250 cash hours from the time in which she was hired until December 23 The trisl belance from November is shown below. COOKIE CREATIONS INC. Trisl Balance November 30, 2017 Cs Accounts Receivab Supplies Prepaid Insurance Equipment Website Accounts Paysble Uneamed Service Revenue Notes Payable Common Stock Service Utilities Expense 5 340 300 220 1,200 1,200 600 650 60 2,000 800 400 $3.910 $3.910