In November 2023, after having incorporated Cookie Creations Inc., Natalie begins operations. She has decided not to pursue the offer to supply cookies to Biscuits. Instead, she will focus on offering cooking classes. The following events occur. Nov. 8 Natalie cashes in her U.S. Savings Bonds and receives $520, which she deposits in her personal bank account. 8 Natalie opens a bank account for Cookie Creations inc. 8 Cookie Creations sells common stock to Natalie for $500. 11 Cookie Creations purchases paper and other office supplies for $95. (Use Supplies.) 14 Cookie Creations pays $125 to purchase baking supplies, such as flour, sugar, butter, and chocolate chips. (Use Supplies) 15. Natalie starts to gather some baking equipment to take with her when teaching the cookle classes. She has an accellent top-of-the-line food processor and mixer that originally cost her \$550. Natalie decides to start using it only in her new business. She estimates that the equipment is currently worth $300, and she transfers the equipment into the businessin exchange for additional common stock. (Treat this transaction as an $300 exchange of common stock for equipment.) 16 The company needs more cash to sustain its operations. Natalie's grandmother lends the company $2,000 cash, in exchange for a two-year, 9% note payable. Interest and the principal are repayable at maturity. 17. Cankia rrastione nave tonn fore aridifianal hakhnoentinmant exchange for a two-year, 9% note payable. Interest and the principal are repayable at maturity. 17 Cookie Creations pays $900 for additional baking equipment. 18 Natalie schedules her first class for November 29 . She will receive $100 on the date of the class. 25 Natalie books a second class for December 5 for $150. She receives a $60 cash down payment, in advance. 29 Natalie teaches her first class, booked on November 18 . and collects the $100cash. 30 Natalie's brother develops a website for Cookie Creations inc that the company will use for advertising. He charges the. company $600 for his work, payable at the end of Decembec (Because the website is expected to have a useful life of two years before upgrades are needed, it should be treated as an asset called Websited 30. Cookie Creations pays $1.200 for a one year insurance policy. 30 Natalie teaches a group of elementary school students how to make Santa Claus cookies. At the end of the class, Natalie leaves an invoice for $300 with the school principal. The principal says that he will passit along to the business office and it will be paid some time in December. 30. Natalie recelves a $50 invoice for use of her cell phone. She uses the cell phone exclusively far Cookie Creitiond inc: business. The invoice is for servicesprovided in November, and payment is due on December 15 . 30. Natalie receives a $50 invoice for use of her cell phone. She uses the cell phone exclusively for Cookie Creations Inc. business. The invoice is for services provided in November, and payment is due on December 15. Prepare journal entries to record the November transictions, (Credit occount tifles are outomaticolly indented when the amount is entered. Do not indent manually. Record joumal entries in the order presented in the problem. If no entry is requilred, select "No entry" for theiaccount titles and enter of for the amounts. List all debit entries before credit entries) Date Account Titles and Explanation Debit Credit Nov.8 NoEntry No Entry (Natalle deposits the cash on her personal bank account) No Entry NoEntry (Natalle opens a bank account) Commen Stock di) How to Wnie i T...pptix A El Three Act of a . idoct. 82: Thiet Acts of a. docr Question 1 of 1 (Issued stock for cash) 8.33/25: Qi: Hon to Whitess T.i.jpto Question 1 of 1 8.33/25 Notes Payable Equipment Cath No Entry Mo Entry Mov.25 v Cash Unearned Service Rewintit Question 1 of 1 Service Revenue (To record purchase of website on account) Prepaid livesrance (To recond payment of insurance) Alewants Ricociable Gel How to Write a firpeta 4. Tinee Acts of i. oincr Question 1 of 1 (Billed client for service rendered) Utiligies Erpense Accounts Piryable (To record receipt of telephone bili) eTextbook and Media List of Accounts Attempts unlimited E. Hone to Winte x t wppi Theseatio of alifeos Post the journal entries to the general ledger accounts and determine month-end balances, (Post entries in the order of fournal entries presented in the previous part.) Question 1 of 1 8.33/25 Supplies Prepaid Insurance Equipment Equipment Website Accounts Payable gri : How to Write at ppex a. Three Acts of a ..dbol 0! Three Acte of a deca Question 1 of 1 8.33/25 Accounts Payable Unearned Service Revenue Notes Payable a theee Aet of a idocro. Notes Payable Common Stock Service Revenue Lit. Analysis poper inoc Q: How to Write a T.pptx 7. Throe Acts of a dock. 4. Theee Ads of a ai.docr Service Revenue Utilities Expense eTextbook and Media Q Type here to search Chapter 3 Homework Assignment Question 1 of 1 8.33./25 Utilities Expense eTextbook and Media List of Accounts Question Part Score 18.33