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.