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Nov. 8 Concord cashes her U . S . Savings Bonds and receives $ 4 1 0 , which she deposits in her personal bank

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Nov. 8 Concord cashes her U.S. Savings Bonds and receives $410, which she deposits in her personal bank account.
8 She opens a bank account under the name "Cookie Creations" and transfers $390 from her personal account to the new account.
11 Concord pays $50 for advertising.
13 She buys baking supplies, such as flour, sugar, butter, and chocolate chips, for $100 cash. (Hint: Use Supplies account.)
14 Concord 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 $590. Concord decides to start using it only in her new business. She estimates that the equipment is currently worth $230. She invests the equipment in the business.
16 Concord realizes that her initial cash investment is not enough. Her grandmother lends her $1,600 cash, for which Concord signs a note payable in the name of the business. Concord 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 $700 cash.
20 She teaches her first class and collects $100 cash.
25 Concord books a second class for December 4 for $120. She receives $20 cash in advance as a down payment.
30 Concord pays $1,030 for a one-year insurance policy that will expire on December 1,2022.
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