Prepare journal entries to record the November transaction, post the journal entries to the general ledger accounts, and prepare a trial balance at November 30, 2014

(Note: This is a continuation of the Cookie Chroni CCC3 In November 2014, after having incorporat begins operations. She has decided not to pursue the o Instead, she will focus on offering cooking classes of the Cookie Chronicle from Chapters 1 and 2.) Cookie Creations Inc., Natali to Biscui ffer to supply cookies occur Natalie cashes in her U.S. Savings Bonds and receives $520, which she de ox. 8 posits in her personal bank account. 8 Natali 8 e opens a bank account for Cookie Creations Inc. Cookie Creations purchases paper and other office supplies for Supplies.) Natalie purchases $50of Cookie Creations' common stock. 11 Cookie Creations pays $125 to purchase baking supplies, such as flour, sugar butter, and chocolate chips. (Use Supplies .) atalie starts to gather some baking equipment to take with her w in her new business. She estimates that the equipment ditional common stock. eac 15 N ing the cookie classes. She has an excellent top-of-the-line food and mixer that originally cost her $550. Natalie decides to start using it only is currently worth r ad $300, and she transfers the equipment into the business in exch The company needs more cash to sustain its operations. Natalie's mother lends the company $2,000 cash, in exchange for a two-year payable. Interest and the principal are repayable at maturity Cookie Creations pays $900 for additional baking equipment. Natalie schedules her first class for November 29. She will receive $100 on 16 9% note 17 18 25 29 30 the date of the class Natalie books a second class for December 5 for $150. She receives a $60 cash down payment, in advance. Natalie teaches her first class, booked on November 18, and collects the $100 cas Natalie's brother develops a website for Cookie Creations Inc. that the com- pany will use for advertising. He charges the company $600 for his work, payable at the end of December. (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 Website.) 30 30 Cookie Creations pays $1,200 for a one-year insurance policy. 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 pass it along to the busi- ness office and it will be paid some time in December Natalie receives a $50 invoice for use of her cell phone. She uses the cell 30 e exclusively for Cookie Creations Inc. business. The invoice is for ser vices performed in November, and payment is due on December 15