2) Record the following transactions. If an entry is not required, state "No (a) Started business by issuing 10,000 shares of common stock for $20,000, (b) Hired Rebecca as an administrative assistant, promising to pay her (e) Rented a building for three years at $500 per month and paid six mo (d) Purchased equipment for $5,400 cash (e) Purchased $1,800 of supplies on account () Provided services to customers for $7,800 cash. (g) Paid employees' salaries, S5.200. (h) Paid for supplies purchased in item (e). (G) Paid $800 for current advertising in a local newspaper. 0) Paid utility bill of $1,300 for the current month months' rent in advance. 3) Below is a list of typical accounts Accounts Type of Account Normal Balance (Debit or Credit) 1. Service Revenue 2. Common Stock 3. Dividends 4. Salaries Expense 5. Accounts Payable 6. Buildings 7. Interest Revenue 8. Accounts Receivable 9. Retained Eamings 10. Accounts Payable 11. Utilities Expense 12. Advertising Expense Required: For each account, (1) indicate the type of account and (2) whether the normal account balance is a debit or credit. For type of account, choose from asset, liability, stockholders' equity, dividend, revenue, or expense