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s.hult.edu/courses/2397402 rlockdown DQuestion 9 2 pts Assume the November transactions for Camindo Co. are as follows: Received cash of $60,000 from investors in exchange for
s.hult.edu/courses/2397402 rlockdown DQuestion 9 2 pts Assume the November transactions for Camindo Co. are as follows: Received cash of $60,000 from investors in exchange for common stock a. b. Provided services of $16,300 on account c. Purchased and used supplies on account for $750 d. Received cash of $11,800 from clients for services previously billed Received $6,250 for services provided from clients who paid cash at the time the service was provided. e. Paid $600 on account for supplies that had been purchased in a prior month. g. Paid $3,380 for a one-year insurance policy Recorded, but did not pay the following expenses: wages, $7,800; utilities, $1,000, rent, $3,750 h. . Paid dividends of $2,300 to stockholders 1. Calculate the Nov. 30 cash balance-$ 2 Calculate the amount of net income for November $
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