Question: https ledugen willey plus.com/edugon Return to Weygandt, Accounting Principles, 12e PLUS Cookie creations 2 (Part Level submission) proprietorship. She then starts the process of After





https ledugen willey plus.com/edugon Return to Weygandt, Accounting Principles, 12e PLUS Cookie creations 2 (Part Level submission) proprietorship. She then starts the process of After researching the dimenent forms of business organization, Natalie Koebel decides to operate Cookie creations as a getting the business running. In November 2016, the following activities take place. Nov. 8 Natalie cashes her us. Savings Bonds and receives ss20, which she deposits in her personal bank account. the new account 8 She opens a bank account under the name "Cookie Creations" and transfers $500 from her personal account t 13 buys baking advertising as four, sugar, butter, and chocolate chips, for s125 cash. (finta use supplies account.) Natalie pays supplies, 14 Natalie starts to gather some baking equipment estimates that the equipment is currently worth $300. She invests the that cost her $750, Natalie decides to start using it only in her new business. She equipment in the business. 16 Natalie realizes that her initial cash investment is not enough. Her grandmother lends her s2,000 cash, for which Natalie signs a note payable in the name of the 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 more baking equipment for $900 cash. 20 teaches her first class and collects $125 cash cash in a down payment. 25 Natalie books a second class for December 4 for $1 She receives s30 advance as 30 Natalie pays s1320 for a one-year insurance policy that will expire on December 1, 2017. Prepare entries to November account titles are automatically i dented when amount is entered. Do not indent manually. no journal record the transactions. (Credit journal entries in the order displayed in the problem.) entry is required, select "No Entry for the account titles and enter o forthe amounts. Record Account Titles and To record cash deposited in personal bank account) To record amount transferred from personal account to Cookie creation account)
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