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Assume the November transactions for Hoover Co. are as follows: Received cash of $40,000 from investors in exchange for capital stock. Provided services of $

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Assume the November transactions for Hoover Co. are as follows: Received cash of $40,000 from investors in exchange for capital stock. Provided services of $ 15, 600 on account. Purchased supplies on account $800. Received cash of $ 10, 900 from clients for services previously billed. Received $5, 100 for services provided from clients who paid cash. Paid $400 on account for supplies that had been purchased. g. Paid $2, 400 for a one-year insurance policy. h. Paid the following expenses: wages. $8,000; utilities, $900; rent, $2,000. i. Paid dividends of $1, 500 to stockholders. Record the transactions, using the integrated financial statement framework that follows: Calculate the November 30 cash balance and the amount of net income for November for Hoover Co

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