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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. Paid $2, 400 for a one-year insurance policy. Paid the following expenses: wages, $8,000; utilities. $900: rent, $2,000. Paid dividends of $ 1, 500 to stockholders. Record the transactions, using the integrated financial statement framework that follows

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