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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		$1,350
Accounts Receivable		1,000
Supplies		400
Prepaid Insurance		1,380
Equipment		1,400
Accumulated DepreciationEquipment				$50
Accounts Payable				85
Salaries and Wages Payable				64
Interest Payable				15
Unearned Service Revenue				340
Notes Payable				2,300
Owners Capital				910
Owners Drawings		570
Service Revenue				5,183
Salaries and Wages Expense		1,147
Utilities Expense		145
Advertising Expense		190
Supplies Expense		1,170
Depreciation Expense		50
Insurance Expense		130
Interest Expense		15
		$8,947		$8,947

Using the information in the adjusted trial balance, do the following.

(a1)

Prepare an income statement for the 2 months ended December 31, 2019. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)

COOKIE CREATIONS Income Statement For the Year Ended December 31, 2019For the Two Months Ended December 31, 2019December 31, 2019
DrawingsExpensesNet Income / (Loss)Owners Capital, November 1Owners Capital, December 31RevenuesTotal ExpensesTotal Revenues
		$
DrawingsExpensesNet Income / (Loss)Owners Capital, November 1Owners Capital, December 31RevenuesTotal ExpensesTotal Revenues
	$
DrawingsExpensesNet Income / (Loss)Owners Capital, November 1Owners Capital, December 31RevenuesTotal ExpensesTotal Revenues
DrawingsExpensesNet Income / (Loss)Owners Capital, November 1Owners Capital, December 31RevenuesTotal ExpensesTotal Revenues		$

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(a2)

Prepare an owners equity statement for the 2 months ended December 31, 2019. (List items that increase owner's equity first.)

COOKIE CREATIONS Owners Equity Statement For the Year Ended December 31, 2019December 31, 2019For the Two Months Ended December 31, 2019
DrawingsExpensesNet Income / (Loss)Owners Capital, November 1Owners Capital, December 31RevenuesTotal ExpensesTotal Revenues	$
AddLess: DrawingsExpensesNet Income / (Loss)Owners Capital, November 1Owners Capital, December 31RevenuesTotal ExpensesTotal Revenues
AddLess: DrawingsExpensesNet Income / (Loss)Owners Capital, November 1Owners Capital, December 31RevenuesTotal ExpensesTotal Revenues
DrawingsExpensesNet Income / (Loss)Owners Capital, November 1Owners Capital, December 31RevenuesTotal ExpensesTotal Revenues	$

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(a3)

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(b)

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(c)

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1)Prepare and Income statement

2) Prepare an retained earnings statement for the 2 months ended December 31, 2019

3) Prepare a classified balance sheet at December 31, 2019. The note payable has a stated interest rate of 6%, and the principal and interest are due on November 16, 2018.

4) Natalie has decided that her year-end will be December 31, 2019. Prepare closing entries as of December 31, 2019. and

5) Prepare a post-closing trial balance.