My edition actually contains three stories:
"Emily and the Enchanted Frog" in which the little girl kisses a frog and turns him into a prince -- and then has to find a way to change him back because he doesn't want
to be a prince.
"Emily and the Elf" in which Emily gets a wish and uses it (as is always the case in stories) poorly.
"Emily and the Mermaid" in which Emily meets a hermit crab who thinks he's a mermaid.