Salaries and Wages Payable Interest Expense Intangible Assets Long-term Investments Notes Payable Owner's Drawings Owner's Equity Total Liabilities and Owner's Equity Owner's Equity Owner's Capital Total Liabilities and Owner's Equity Prepare an owner's equity statement for the 2 months ended December 31,2021 . (List items that increase owner's equity first.) COOKIE CREATIONS Income Statement For the Two Months Ended December 31, 2021 Revenues Service Revenue Expenses Salaries and Wages Expense $ 1147 Utilities Expense Advertising Expense Supplies Expense 1170 Depreciation Expense Insurance Expense Interest Expense 15 Total Expenses Net Income / (Loss) (To close expense accounts) Dec. 31 (To close net income / (loss)) Dec: 31 (To close drawings) eTextbook and Media List of Accounts Save for Later Post-Closing Trial Balance Debit Cr \$ Natalie had a very busy December. At the end of the month, after journalizing and posting the December transactions and adiustino ontrios Ant............... ted trial balance. Prepare a classified balance sheet at December 31, 2021. The note payable has a stated interest rate of 6%, and the principal and interest are due on November 16, 2023. (List Current Assets in order of liquidity.) COOKIE CREATIONS Balance Sheet For the Two Months Ended December 31.2021 \& Assets Current Assets 5 1350 Accounts Receivable Supplies Prepaid Insurance Total Current Assets Property, Plant and Equipment Equipment. Less * : Accumulated Depreciation-Equipment Property, Plant and Equipment Liabilities and Owner's Equity Current Liabilities Accounts Payable Salaries and Wager Paysble. 1147 Prepare a classified balance sheet at December 31,2021. The note payable has a stated interest rate of 6%, and the principal and interest are due on November 16, 2023. (List Current Assets in order of liquidity.) COOKIE CREATIONS Balance Sheet For the Two Months Ended December 31,2021 \% Assets Current Assets Accounts Receivable Sopplies Prepaidingurance Total Current Assets Property, Plant and Equipment Equipment 1400 Less 0: Accumulated Depreciation-Equipment Property, Plant and Equipment Liabilities and Owner's Equity Current Liabilities Accounts Payable Salaries and Wages Payable 1147 Natalie has decided that her year-end will be December 31, 2021. Prepare closing entries as of Prepare an income statement for the 2 months ended December 31, 2021. (Enter negative amounts using either a negative sign preceding the number e.s. -45 or narantheen Liabilities and Owner's Equity Current Liabilities Accounts Payable Salaries and Wages Payable Interest Expense Intangible Assets 15 Long-term Investments Notes Payable Owner's Drawings Owner's Equity Total Liabilities and Owner's Equity Owner's Equity 570 Owner's Capital Total Liabilities and Owner's Equity Natalie has decided that her year-end will be December 31,2021. Prepare closing entries as of December 31,2021. (Credit account titles are automatically indented when amount is entered. Do COOKIE CREATIONS Post-Closing Trial Balance Debit Cr $ \$ Totals Natalie had a very busy December. At the end of the month, after journalizing and posting the December Prepare an owner's equity statement for the 2 months ended December 31, 2021. (List items that increase owner's equity first.) Prepare an income statement for the 2 months ended December 31, 2021. (Enter negative amounts Prepare a post-closing trial balance
