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CONTINUING COOKIE CHRONICLE 3


Solved: Continuing Cookie Chronicle (Note: This Is A Conti
Continuing Cookie Chronicle (Note: This is a continuation of the Cookie Chronicle from Chapters 1 through 3.) CCC4 Cookie Creations is gearing up for the winter holiday season. During the month of December 2011, the following transactions occur.
Continuing Cookie Chronicle 3 - Continuing Cookie
wwwsehero›ACCTContinuing Cookie Chronicle (Note: This is a continuation of the Cookie Chronicle from Chapters 1 and 2.) CCC3 In November 2009 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.80%(10)Author: Megaicejackal9232
Continuing Cookie Chronicle/ Accounting? | Yahoo Answers
May 07, 2013Continuing Cookie Chronicle/ Accounting? (Note: This is a continuation of the Cookie Chronicle from Chapters 1 through 11.) CCC12 Natalie’s high school friend, Katy Peterson, has been operating a bakery for approximately 18 months.Status: OpenGood day Sir / Madam, NOTE YOU ARE TO GET BACK TO US VIA: jeffnorberts_12@yahoo I am Mr Jeff Norberts, Private Loan Lender.I am Offering a loan at the low interest rate of 3%,Both secure and unsecured,If you are Interested in getting a loan i will advice you to Contact us now at jeffnorberts_12@yahoo Notice all replies should be forwarded To Via: jeffnorberts_12@yahoo * Personal Loan (Unsecured) * Business Loan (Unsecured) * Debt Consolidation Loan * Improve your home BORROWERS APPLICATION FORM First Name: Surname: country: State / city: address: sex: Age: Relationship: Occupation: monthly income: Loan Amount: Amount in Word: Loan Duration: purpose: Religion: Phone: Office Number: Home number: email: Zip: Regards, Contact Email: jeffnorberts_12@yahoo Sincerely, Mr Jeff NorbertsBest answer · 0Pretty sure that you will find many financial clarification at: loanhome- RE Continuing Cookie Chronicle/ Accounting? (Note: This is a continuation of the Cookie Chronicle from Chapters 1 through 11.) CCC12 Natalie’s high school friend, Katy Peterson, has been operating a bakery for approximately 18 months. Because Natalie has been so successful operating Cookie Creations, Katy would like to have Natalie become her partner. Katy believes that together they will create a thriving cookie-making business. Natalie is quite happy with her current business set-up. Until now, she had not considered joining forces with anyone. From past meetings with Katy, Natalie has gathered the following information about Katy’s business and compared it to her own results current market values of the assets and liabilities of both businesses are as follow. The Baker’s Nook Cookie Creations Cash $ 1,500 $12,000 Accounts receivable 6,000 800 Allowance for doubtful accounts (750) 0 Merchandise inventory 450 1,200 Equipment 7,500 1,000 Bank loan payable 10,000 0 All assets would be transferred into the partnership partnership would assume all of the liabilities of the two proprietorships bank loan is due February 17, 2014. Additional information: • Katy operates her business from leased premises. She has just signed a lease for 12 months. Monthly rent will be $1,000. Katy’s landlord has agreed to draw up a new lease agreement that would be signed by both partners. • Katy graduated from cooking school. She has no personal assets and a lot of student loans and credit card debt. Natalie’s personal assets consist of investments in personal U.S. Savings Bonds. Natalie has no personal liabilities. • Katy is reluctant to have a partnership agreement drawn up. She thinks it’s a waste of both time and money. As Katy and Natalie have been friends for a long time. Katy is confident that any problems that arise can be easily resolved over a nice meal. Natalie thinks that it may be a good idea to establish a partnership with Katy. She comes to you with the following questions. 1. “Do I really need a formalized partnership agreement drawn up? What would be the point of having one if Katy and I agree on all major decision? What type of information should the partnership agreement contain?” 2. “I would like to have Katy contribute the same amount of capital as I am contributing. How much additional cash, in addition to the amount in Katy’s proprietorship, would Katy have to borrow to invest in the partnership so that she and I have the same capital balance?” 3. “Katy has a lot of personal debt. Should this affect my decision about whether or not to go forward with this business venture? Why or why not?” 4. “What other issues should I consider before I say yes or no to Katy?” Instructions (a) Answer Natalie’s questions. (b) Assume that Natalie and Katy go ahead and form a partnership called Cookie Creations and More on November 1, 2013, and that Katy is able to borrow the additional cash she need to contribute to the partnership. Prepare a balance sheet for the partnership on November 1.0For Credit and finance solutions I always recommend this site where you can find all the solutions. http://personalfinancesolution/inde.. RE :Continuing Cookie Chronicle/ Accounting? (Note: This is a continuation of the Cookie Chronicle from Chapters 1 through 11.) CCC12 Natalie’s high school friend, Katy Peterson, has been operating a bakery for approximately 18 months. Because Natalie has been so successful operating Cookie Creations, Katy would like to have Natalie become her partner. Katy believes that together they will create a thriving cookie-making business. Natalie is quite happy with her current business set-up. Until now, she had not considered joining forces with anyone. From past meetings with Katy, Natalie has gathered the following information about Katy’s business and compared it to her own results current market values of the assets and liabilities of both businesses are as follow. The Baker’s Nook Cookie Creations Cash $ 1,500 $12,000 Accounts receivable 6,000 800 Allowance for doubtful accounts (750) 0 Merchandise inventory 450 1,200 Equipment 7,500 1,000 Bank loan payable 10,000 0 All assets would be transferred into the partnership partnership would assume all of the liabilities of the two proprietorships bank loan is due February 17, 2014. Additional information: • Katy operates her business from leased premises. She has just signed a lease for 12 months. Monthly rent will be $1,000. Katy’s landlord has agreed to draw up a new lease agreement that would be signed by both partners. • Katy graduated from cooking school. She has no personal assets and a lot of student loans and credit card debt. Natalie’s personal assets consist of investments in personal U.S. Savings Bonds. Natalie has no personal liabilities. • Katy is reluctant to have a partnership agreement drawn up. She thinks it’s a waste of both time and money. As Katy and Natalie have been friends for a long time. Katy is confident that any problems that arise can be easily resolved over a nice meal. Natalie thinks that it may be a good idea to establish a partnership with Katy. She comes to you with the following questions. 1. “Do I really need a formalized partnership agreement drawn up? What would be the point of having one if Katy and I agree on all major decision? What type of information should the partnership agreement contain?” 2. “I would like to have Katy contribute the same amount of capital as I am contributing. How much additional cash, in addition to the amount in Katy’s proprietorship, would Katy have to borrow to invest in the partnership so that she and I have the same capital balance?” 3. “Katy has a lot of personal debt. Should this affect my decision about whether or not to go forward with this business venture? Why or why not?” 4. “What other issues should I consider before I say yes or no to Katy?” Instructions (a) Answer Natalie’s questions. (b) Assume that Natalie and Katy go ahead and form a partnership called Cookie Creations and More on November 1, 2013, and that Katy is able to borrow the additional cash she need to contribute to the partnership. Prepare a balance sheet for the partnership on November 1. Update: Accounting 1 Follow 4 answers0What's your Source (Optional)0Hey I'm here for the first time. I came across this question and I find the answers truly useful. I hope to offer something back and assist others too.0Continuing Cookie Chronicles Help!? | Yahoo AnswersNov 16, 2011Status: ResolvedWiley Plus Financial Accounting Chapter 10 questionApr 23, 2011Status: ResolvedSee more results[DOC]
Continuing Cookie Chronicle – Chapter 3
Web viewContinuing Cookie Chronicle – Chapter 3 (a) GENERAL JOURNAL J2. Date Account Titles and Explanation Debit Credit Nov. 30 Advertising Supplies Expense ($95 – $75) Advertising Supplies 20 20 30 Baking Supplies Expense Baking Supplies 25 25 30 Depreciation Expense—Baking Equipment
Continuing Cookie Chronicle (Note: This Is A Conti
Answer to Continuing Cookie Chronicle (Note: This is a continuation of the Cookie Chronicle from . 1 and 2. Use the information f..
BUS591Template - Name Section Date Chapter 4 Continuing
wwwsehero›BUS2 Name Chapter 4 Continuing Cookie Chronicle Continued Section Date Cookie Creations Inc. (d) Date Account Titles Debit Credit 1 Dec. 31 Advertising Expense ($95 - $45) 50 1 2 (1) Advertising Supplies 50 2 3 3 4 31 Depreciation Expense 40 4 5 (2) Accumulated Depreciation - Baking Equipment 40 5 6 [$1,200 / (5 x 12) x 2] 6 7 7 8 31 Amortization94%(67)Author: Deaconiceparrot7856
Continuing Cookie Chronicle (Note: This is a continuation
Sep 21, 2011Continuing Cookie Chronicle (Note: This is a continuation of the Cookie Chronicle from Chapters 1 through 3.) CCC4 Cookie Creations is gearing up for the winter holiday season. During the month of December 2009, the following transactions occur. Dec. 1 Natalie hires an assistant at an hourly wage of $8 to help with cookie making and some administrative duties. 5 Natalie teaches the class 5/5No, JA never forces you to accept a solution you are not convinced of. I normally would be upset if I work on a post and it does not get accepted, but I am making an exception in this case as I want you to make your deadline. Here is what I have (and I promise I will try to post the real answer before your deadline) http://www/shared/vqc55kikcym9pk7g5cbu P.S. If you like my services, please feel free to direct your future posts to me specifically by typing " For BusinessTutor " at the beginning of your post. Should you choose to do this, please try to allow me 48 hours before the deadline . If you need to meet me online for a timed assignment, please advise me of the date and time (EST) you want me to meet you here and I will. Please make sure you take the length (and number) of the questions into consideration when making your offer to avoid delays in providing solutions. Thank youHello Please advise your deadline as well as the name of the book you are using: Title, author's name, and edition Thank youI am not sure if I can make it by tomorrow, but I have answered the same question for the 2nd edition of the book and I can post that so that you use it as a guide. In the meantime, if I can finish this problem before the deadline, I will also post that. If you agree to this, I can post the guide right awayNo :) if I don't, you can add a bonus to your next question :)When a customer owes money to the company it is a receivable. When the company owes money to someone it is a payable. Hope this clarifies it all the best
Accounting Cookie Chronicle Chapter 4 - studymode
May 11, 2012.el, Accounting 5th edition CCC3 CONTINUING COOKIE CHRONICLE SOLUTION Continuing Cookie Chronicle (Note: This is a continuation of the Cookie Chronicle from Chapters 1 and 2.) CCC3 In November 2009 after having incorporated Cookie Creations Inc., Natalie begins operations. She has decided not to pursue the offer to supply cookies to Biscuits.
Continuing Cookie Chronicles 3 (CCC3) - HomeworkLib
Continuing Cookie Chronicles 3 (CCC3) Continuing Cookie Chronicle (Note: This is a continuation of the Cookie Chronicle from Chapters 1 through 6 Continuing Cookie ChronicleCCC1 Natalie Koebel spent much of her childhood learning the art of cookie-makingfrom her grandmother[PDF]
Continuing Cookie Chronicle - Wiley
Continuing Cookie Chronicle 1 Continuing Cookie Chronicle (Note: This is a continuation of the Cookie Chronicle from Chapters 1 through 6.)CCC7 Part 1Natalie is struggling to keep up with the recording of her accounting transactions. She is spending a lot of time marketing and selling mixers and giving her
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