The writer is very fast, professional and responded to the review request fast also. Thank you.
Presentation/PPT
27/08/2022
CCC2 After researching the different forms of business organization, Natalie Koebel decidesto operate “Cookie Creations” as a proprietorship. She then starts the process of getting the business running. In November 2009, the following activities take place.Nov. 8 Natalie cashes her U.S. Savings Bonds and receives $520, which she deposits in her personal bank account.8 She opens a bank account under the name “Cookie Creations” and transfers $500 fromher personal account to the new account.11 Natalie pays $165 to have advertising brochures and posters printed. She plans to distribute these as opportunities arise. (Hint: Use Advertising Supplies.)13 She buys baking supplies, such as flour, sugar, butter, and chocolate chips, for $125cash.14 Natalie starts to gather some baking equipment to take with her when teaching thecookie classes. She has an excellent top-of-the-line food processor and mixer that originally cost her $750. Natalie decides to start using it only in her new business. She estimates that the equipment is currently worth $300. She invests the equipment in thebusiness.16 Natalie realizes that her initial cash investment is not enough. Her grandmother lendsher $2,000 cash, for which Natalie signs a note payable in the name of the business.Natalie deposits the money in the business bank account. (Hint: The note does nothave to be repaid for 24 months.As a result, the note payable should be reported in theaccounts as the last liability and also on the balance sheet as the last liability.)17 She buys more baking equipment for $900 cash.20 She teaches her first class and collects $125 cash.25 Natalie books a second class for December 4 for $150. She receives $30 cash in advanceas a down payment.30 Natalie pays $1,320 for a one-year insurance policy that will expire on December 1,2010.Instructions(a) Prepare journal entries to record the November transactions.(b) Post the journal entries to general ledger accounts.(c) Prepare a trial balance at November 30.
Show more
The writer is very fast, professional and responded to the review request fast also. Thank you.
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.
Read moreEach paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.
Read moreThanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.
Read moreYour email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.
Read moreBy sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.
Read more