$24$ Taught a $2hr$ holiday cookie workshop at Young Souls, the local senior center. Madison offered her workshop at a discounted price of $$50$ per hour. She left invoice $1016$ with the director of Young Souls after the workshop.

$26$ Collected the amount due from Bagel Depot for the December $16$ transaction.

$27$ Madison withdrew $$1,200$ cash for personal use. Check $175.$

As of December $31,$ the following adjusting entry data is available.

Accrued utilities total $$340$ for the current month.

Another month's worth of depreciation needs to be recorded on the baking equipment.

A count reveals that $$135$ of baking supplies are remaining in the supply room.

Another month's worth of insurance has expired.

Madison owes her assistant $$960$ for the last two weeks of December, but will not pay it until January $2.$

Madison records another month of accrued interest on her grandma's loan.

At year end, Madison completes all the financial statements and closes out the year. Madison is making huge strides in her entrepreneurship program by starting up Sweet Treats and she cannot thank her friends and family enough for all their support. In the new year, Madison intends on continuing to sell mixers and provide classes on multiple baking needs. She is even considering attending culinary classes at CNM to learn new things she can incorporate into her business.

See $16.$ One miver is sold to a new customery Bager Depot, on account for $$1,200,$ invoice $1014$ terms $\frac{n}{30}.$