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no I've paid for this service I'm not paying for another one that's bullshit Prepare journal entries to record the November transactions. (List all debit
no I've paid for this service I'm not paying for another one that's bullshit
Prepare journal entries to record the November transactions. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Record journal entries in the order displayed in the problem.) Nov. 8 Coronado cashes her U.S. Savings Bonds and receives $440, which she deposits in her personal bank account. 8 She opens a bank account under the name "Cookie Creations" and transfers $420 from her personal account to the new account. 11 Coronado pays $55 for advertising. 13 She buys baking supplies, such as flour, sugar, butter, and chocolate chips, for $105 cash. (Hint: Use Supplies account) 14 Coronado starts to gather some baking equipment to take with her when teaching the cookie classes. She has an excellent top-of-the-line food processor and mixer that originally cost her $630. Coronado decides to start using it only in her new business. She estimates that the equipment is currently worth $250. She invests the equipment in the business. 16 Coronado realizes that her initial cash investment is not enough. Her grandmother lends her $1,700 cash, for which Coronado signs a note payable in the name of the business. Coronado deposits the money in the business bank account. (Hint: The note does not have to be repaid for 24 months. As a result, the note payable should be reported in the accounts as the last liability and also on the balance sheet as the last liability.) 17 She buys more baking equipment for $760 cash. 20 She teaches her first class and collects $105 cash. 25 Coronado books a second class for December 4 for $130. She receives $30 cash in advance as a down payment. 30 Coronado pays \$1,110 for a one-year insurance policy that will expire on December 1, 2022. (a)Step by Step Solution
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