account debited, account credited chart

Selected transactions for L. Takemoto, an interior decorating firm, in its first month of business, are as follows. Jan.2 Stockholders imvested $15,000 cash in the business in exchange for common stock. 3 Purchased used car for $8,200 cash for use in the business. 9 Purchased rupplies on account for $500. 11 Belledcustomers $1,800 for services performed 16 Paid $200 cash for advertising. 20 Received $780 cash from customers billed on January 11. 23 Paid creditor 5300 cash on balance cwed. 26 Declared and paid a $500 cash dividend. For each transaction indicate the following. (a) The basic type of account debited and credited (Asset, Labilty, Stockholders' Equity). (b) The specific account debited and credited (Cash, Rent Expense, Service Revenue, etc). (c) Whether the specific account is increased or decreased. (d) The normul balanke of the specific account