This assignment is a continuation of the Cookie Creations case study from Chapters 1-3. You will use the information from the previous chapters and from this chapter to complete the actions for the case study and to apply what you have learned to this point.

The Cookie Creations case study for Chapter 4 can be found below and also on pp. 4-51 to 4-52 in the textbook. The textbook provides you with the adjusted trial balance, and it is also located below for quick reference. Read the case information, and complete the actions listed below.

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.

Cookie Creations

Adjusted Trial Balance

December 31, 2019

Debit Credit

Cash $1180

Accounts Receivable 875

Supplies 350

Prepaid Insurance 1,210

Equipment 1,200

Accumulated Depreciation- Equipment $40

Accounts Payable 75

Salaries and Wages Payable 56

Interest Payable 15

Unearned Service Revenue 300

Notes Payable 2,000

Owner's Capital 800

Owner's Drawings 500

Service Revenue 4,515

Salaries and Wages Expense 1,006

Utilities Expense 125

Advertising Expense 165

Supplies Expense 1,025

Depreciation Expense 40

Insurance Expense 110

Interest Expense 15

7, 801 7,801

Using the information from the adjusted trial balance, complete the tasks below.

1. income statement and an owner's equity statement for the 2 months ended December 31, 2019, and a classified balance sheet as of December 31, 2019. The note payable has a stated interest rate of 6%, and the principal and interest are due on November 16, 2021.
2. Natalie has decided that her year-end will be December 31, 2019. post-closing entries as of December 31, 2019.
3. post-closing trial balance.

Make sure to complete item "a" completely before moving to item "b," and then move to item "c." You cannot jump ahead unless you have completed each step sequentially in full.

Submit the Excel document in Blackboard upon completion.