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Natalie had a very busy December. At the end of the month, after journalizing and pasting the December transactions and adjusting entries, Natalie prepared the

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Natalie had a very busy December. At the end of the month, after journalizing and pasting the December transactions and adjusting entries, Natalie prepared the following adjusted trial balance COOKIE CREATIONS Adjusted Trial Balance December 31, 2018 Debit Credit Cash $1.180 Accounts Receivable 875 Supplies 350 Prepaid Insurance 1.210 Equipment 1.200 Accumulated Depreciation - Equipment $40 Accounts Payable 75 Salaries and Wages Payable 56 Unearned Service Revenue 300 Notes Payable 2.000 Interest Payable 15 Common Stock 800 500 4,515 1.006 125 Dividends Service Revenue Salaries and Wages Expense Utilities Expense Advertising Expense Supplies Expense Depreciation Expense Insurance Expense Interest Expense 165 1.025 40 110 15 $7,801 $7,801 Using the information in the adjusted trial balance, do the following Prepare an income statement for the 2 months ended December 31, 2018 COOKIE CREATIONS Income Statement 5 Prepare an retained earnings statement for the 2 months ended December 31, 2018. (List items that increase retained earnings first.) COOKIE CREATIONS Retained Earnings Statement . COOKIE CREATIONS Balance Sheet Assets Liabilities and Stockholders' Equity Debit Credit Date Account Tities and Explanation Dec. 31 (To close revenue account) Dec 31 (To dose expense accounts) Dec 31 (To close Income summary account) Dec 31 To close dividends)

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