PLEASE READ WHOLE QUESTION. WILL THUMBS UP IF CORRECT!In November 2023, after having incorporated Cookie Creations Inc., Natalie begins operations. She has decided not to pursue the offer to supply cookies to Biscuits. Instead, she will focus on offering cooking classes. The following events occur. Nov. 8 8 8 11 14 15 16 17 18 25 29 30 30 30 30 Natalie cashes in her U.S. Savings Bonds and receives $520, which she deposits in her personal bank account. Natalie opens a bank account for Cookie Creations Inc. Cookie Creations sells common stock to Natalie for $500. Cookie Creations purchases paper and other office supplies for $95. (Use Supplies.) Cookie Creations pays $125 to purchase baking supplies, such as flour, sugar, butter, and chocolate chips. (Use Supplies.) Natalie starts to gather some baking equipment to take with her when teaching the cookie classes. She has an excellent top-of-the-line food processor and mixer that originally cost her $550. Natalie decides to start using it only in her new business. She estimates that the equipment is currently worth $300, and she transfers the equipment into the business in exchange for additional common stock. (Treat this transaction as an $300 exchange of common stock for equipment.) The company needs more cash to sustain its operations. Natalie's grandmother lends the company $2,000 cash, in exchange for a two-year, 9% note 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 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 cash. Natalie's brother develops a website for Cookie Creations Inc. that the company 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.) 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 business 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 phone exclusively for Cookie Creations Inc. business. The invoice is for services provided in November, and payment is due on December 15.

a. journalize the transactions

b. prepare a trial balance

c. post the transactions to t-accounts and determine month-end balance

In Noveiber 2022 after having incorporated Cookle Oreationa In., Natalie begins operations. She has decided not to pursue the otfer to supply cookles to Blsoults Instead, she wil focus on offering cooking diases. The following events occur. Nov s Natalie cashes in her US. Savine Bonds ond recelves $520. Which she deponits in her personal bark account. 8 Natalie opens a bank account for Cockie Creations inc. 8 Cookie Creations sels cammon stock to Natalie for $500 11 Cockie Creations purchases paper and other offce supplies for $95, (Use Supoles) 14 Cookie Creations pors $125 to purchave baking supplies, wuch as fleur, suzar, butter, and chocolate chips. (Use Supplles: 15 Nutalie starts to zather some baking equoment to tale with her when teaching the cookle clawses she has an excelent top-of the line food processer and mixer that orieinally cost her \$\$ 50 . Natalle decides to start usineit only in her new business She etimates that the equipment is currently worth $300, and she transfers the equipment into the buniness in eachange for additional conmon stock. (Treat this transaction an an $900 echange of common stock for equigment) 16 The company needs more cash to sustain its operations. Natalie's gandmother iends the compary $2,000 cash in ocharefo for a two year, 75 note payable. Interest and the principal are repayable at muturity 17 Cockle Creations poss $900 for additional baking equipment. 18. Natale schedules her first class for November 29 . She will recelve $100 on the date of the class 25 Natalie books a second dass for December 5 for $150 she receives a $60 cash down panment, in advance 29 Natalie teaches her hrat class, booked on Noveraber 18 , and collects the $100 cash 90 Natails brother develops a website for Cookie Creations inc that the company vill use for advertising He charges the compary 5600 for his work payable at the end of Decembec (Because the wetwile is expected to have a usefull life of two years before upgades are needed, it should be beated an an asset ciled Website) 30 Cookle Creatiams pars $1,200 for a one year imurance polky. 30. Natalie teachis a goup of elementary schoolstudents hew to make Santa Clain cookles. At the end of the clasa Natalie ieaves an imvice for $900 wath the school principal The principel ays that he will paws is alons to the bualness office and it will te paid some time in Decrmber. Do Natalk receives a $50 invoice for use of her cell phone She uses the cell chone exclusively for Cockie Creations inc. business. The invice is for services provided in November, and payment is das un December 15. In Noveiber 2022 after having incorporated Cookle Oreationa In., Natalie begins operations. She has decided not to pursue the otfer to supply cookles to Blsoults Instead, she wil focus on offering cooking diases. The following events occur. Nov s Natalie cashes in her US. Savine Bonds ond recelves $520. Which she deponits in her personal bark account. 8 Natalie opens a bank account for Cockie Creations inc. 8 Cookie Creations sels cammon stock to Natalie for $500 11 Cockie Creations purchases paper and other offce supplies for $95, (Use Supoles) 14 Cookie Creations pors $125 to purchave baking supplies, wuch as fleur, suzar, butter, and chocolate chips. (Use Supplles: 15 Nutalie starts to zather some baking equoment to tale with her when teaching the cookle clawses she has an excelent top-of the line food processer and mixer that orieinally cost her \$\$ 50 . Natalle decides to start usineit only in her new business She etimates that the equipment is currently worth $300, and she transfers the equipment into the buniness in eachange for additional conmon stock. (Treat this transaction an an $900 echange of common stock for equigment) 16 The company needs more cash to sustain its operations. Natalie's gandmother iends the compary $2,000 cash in ocharefo for a two year, 75 note payable. Interest and the principal are repayable at muturity 17 Cockle Creations poss $900 for additional baking equipment. 18. Natale schedules her first class for November 29 . She will recelve $100 on the date of the class 25 Natalie books a second dass for December 5 for $150 she receives a $60 cash down panment, in advance 29 Natalie teaches her hrat class, booked on Noveraber 18 , and collects the $100 cash 90 Natails brother develops a website for Cookie Creations inc that the company vill use for advertising He charges the compary 5600 for his work payable at the end of Decembec (Because the wetwile is expected to have a usefull life of two years before upgades are needed, it should be beated an an asset ciled Website) 30 Cookle Creatiams pars $1,200 for a one year imurance polky. 30. Natalie teachis a goup of elementary schoolstudents hew to make Santa Clain cookles. At the end of the clasa Natalie ieaves an imvice for $900 wath the school principal The principel ays that he will paws is alons to the bualness office and it will te paid some time in Decrmber. Do Natalk receives a $50 invoice for use of her cell phone She uses the cell chone exclusively for Cockie Creations inc. business. The invice is for services provided in November, and payment is das un December 15