Record the transactions using integrated financial statement

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Question - Assume the November transactions for Camindo Co. are as follows:

1. Received cash of $60,000 from investors in exchange for common stock.

2. Provided services of $16,300 on account.

3. Purchased supplies on account $750.

4. Received cash of $11,800 from clients for services previously billed.

5. Received $6,250 for services provided from clients who paid cash.

6. Paid $600 on account for supplies that had been purchased.

7. Paid $3,380 for a one-year insurance policy.

8. Paid the following expenses: wages, $7,800; utilities, $1,000; rent, $3,750.

9. Paid dividends of $2,300 to stockholders.

Record the transactions, using the integrated financial statement framework.

Reference no: EM131832653

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