Instructions Cookie Creations (Chapters 11 and 15) This assignment is a continuation of the Cookie Creations case study and focuses on Cookie Creations' liabilities (current and long-term). From the information gathered from the unit lesson, required unit resources, and suggested unit resources, read the Cookie Creations case study below, which is also available on p.11-37 (Chapter 11) and p. 15-38 (Chapter 15) in the textbook. The case study allows you to apply what you have learned about liabilities and the accounting process. This assignment will allow you to practice what you have learned so far. Part I Recall that Cookie Creations sells fine European mixers that it purchases from Kzinski Supply Company. Kzinski warrants the mixers to be free of defects in material and workmanship for 1 year from the date of original purchase. If the mixer has such a defect, Kzinski will repair or replace the mixer free of charge for parts and labor. The product must be shipped prepaid to an authorized Kzinski service center. The consumer pays the cost to ship the mixer. The cost to return the product to the consumer is paid by Kzinski. The authorized service center is located in Boston. Because Cookie Creations values serving its customers, it pays the shipping to Boston for any mixers needing repair under Kzinski’s warranty terms. Based on past experience, Kzinski has found that approximately 10% of mixers are returned for repair or replacement. The average cost to ship a mixer to Boston is $60. The following transactions take place in 2020 and 2021. A total of 30 mixers are sold in 2020.Four of the mixers sold in 2020 are returned for repair in 2021. The total shipping cost for returning these four mixers to Boston is $210. A total of 40 mixers are sold in 2021.Two of the mixers sold in 2021 are returned for repair in 2021. The total shipping cost for returning these two mixers to Boston is $55. For Part I of the assignment, complete the tasks listed below using Excel. Calculate Cookie Creations’ warranty liability for the shipping costs at December 31, 2020.Record the estimated warranty liability at December 31, 2020.Prepare the summary journal entry (or entries) to record the shipment of the six mixers (four from the 2020 sales and two from the 2021 sales) for warranty repair in 2021. d. Calculate Cookie Creations’ warranty liability at December 31, 2021. (Hint: Note that there is no liability outstanding for the mixers sold in 2020. The 1-year warranty period has expired.)Record the estimated warranty liability at December 31, 2021. (Hint: Similar to accounting for bad debts, consider any existing balance in the warranty liability account when you prepare your entry. You will find it helpful to prepare a general ledger account for the warranty liability and to post the above transactions.) Part II Natalie and Curtis have been experiencing great demand for their cookies and muffins. As a result, they are now thinking about buying a commercial oven. They know which oven they want and that it will cost $17,000. The company already has $5,000 set aside for the purchase and will need to borrow the rest. Natalie and Curtis met with a bank manager to discuss their options. She is willing to lend Cookie & Coffee Creations Inc. $12,000 on November 1, 2020, for 3 years at a 5% interest rate. The terms provide for fixed principal payments of $2,000 on May 1 and November 1 of each year plus 6 months of interest. For Part II of the assignment, complete the tasks listed below. Prepare a payment schedule for the life of the note. Prepare the journal entry for the purchase of the oven and the issue of the note payable on November 1, 2020. Prepare the journal entries on May 1 and November 1 for the note.Determine the current portion of the note payable and the long-term portion of the note payable at October 31, 2021. Parts I and II should be submitted in a single Excel spreadsheet. You will use a new tab to complete each transaction for both Parts I and II for a total of nine separate tabs or sheets. Submit the Excel spreadsheet in Blackboard.

Write a business report (specifics are on the attachment). This assignment expects you to follow all the steps of the report writing process. The majority of your research should be from the Regent business databases with correct citations. All of your key points and statements need support--the client/reader will ask "why" your recommendation should be accepted. Wikipedia is not considered an academic resource.You might want to review the "C's" of effective communication. All business documents need to be "reader friendly." The client wants to comprehend the report efficiently and effectively. FormatReport: The report proper (intro, body, ending) should not exceed eight single-spaced pages, excluding visuals and references. The entire report (excluding Appendices) should be between 14-16 pages. The number of appendices is unlimited. Your business report needs to look professionally prepared and visually appealing. You will use visuals which best communicate the information. Carefully analyze which visuals should be in the report body and which should be in the Appendices. Report Parts:Your report will includeTitle PageTransmittalTable of ContentsList of IllustrationsExecutive SummaryIntroductionBody (writer's sectiopn following Minto's pyramid: What, Why, How)EndingReferencesAppendices (both the pre- and post-SWOT will be two of the appended items)References to helphttps://www.hud.gov/sites/documents/VASH-WEBINAR.PDFhttps://www.hud.gov/sites/documents/VASH-101-SLIDES.PDF https://www.va.gov/HOMELESS/docs/Center/144_HUD-VASH_Book_WEB_High_Res_final.pdfhttp://nchv.org/index.php/news/media/background_and_statistics/https://www.hud.gov/program_offices/public_indian_housing/programs/hcv/vash https://www.imls.gov/sites/default/files/publications/documents/supporting-veterans-military-families-how-begin.pdf

Select a product or service for this assignment in which you believe your organization should invest capital resources to develop for sale in a global environment.Review Ch. 4 of Business Communication Essentials.Create a Microsoft® Word analysis of no more than 1,400 words that includes the following:Describe the product or service, including its main characteristics.Why do you believe this product is worthwhile?A profile of your audience/s. Why are these audience/s important? How different would you approach each audience?Explain how you would establish credibility.Explain why you selected the channel.Select the appropriate channel for delivering your message based on context, audience, and purpose.Format your assignment consistent with APA guidelines.