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Question 1 of 1 +71 Natalie had a very busy December. At the end of the month, after journalizing and posting the December transactions and
Question 1 of 1 +71 Natalie had a very busy December. At the end of the month, after journalizing and posting the December transactions and adjusting entries, Natalie prepared the following adjusted trial balance. Credit COOKIE CREATIONS Adjusted Trial Balance December 31, 2019 Debit Cash $1,130 Accounts Receivable 840 Supplies 340 Prepaid Insurance 1,160 Equipment 1.200 Accumulated Depreciation Equipment Accounts Payable Salaries and Wages Payable Interest Payable Unearned Service Revenue Notes Payable Owner's Capital 480 Owner's Drawings Service Revenue $40 70 54 15 290 1,900 770 14.407 0 4,407 966 120 Service Revenue Salaries and Wages Expense Utilities Expense Advertising Expense Supplies Expense Depreciation Expense Insurance Expense Interest Expense 160 985 40 110 15 $7.546 $7,546 Using the information in the adjusted trial balance, do the following. (a 1) Prepare an income statement for the 2 months ended December 31, 2019. (Enter negative amounts using either a negative sig preceding the number e.g.-45 or parentheses eg. (45).) COOKIE CREATIONS Income Statement $ $ n III $ $ $ Prepare an owner's equity statement for the 2 months ended December 31, 2019. (List Items that increase owner's equity first.) COOKIE CREATIONS Owner's Equity Statement e Textbook and Media Prepare a classified balance sheet at December 31, 2019. The note payable has a stated interest rate of 6%, and the principal and interest are due on November 16, 2021. (List Current Assets in order of liquidity.) COOKIE CREATIONS Balance Sheet Assets $ $ P W e to search Question 1 of 1 -11 COOKIE CREATIONS Post-Closing Trial Balance Debit Credit $ $ Question 1 of 1 -71 5 Totals $ e Textbook and Media List of Accounts
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