Please help, due tonight!

Journalize the transactions (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)

Exercise 3-7 (Part Level Submission) Selected transactions for Front Room, an interior decorator corporation, in its first month of business, are as follows 1. Issued stock to investors for $14,000 in cash. 2. Purchased used car for $10,100 cash for use in business. 3. Purchased supplies on account for $260. 4. Billed customers $5,010 for services performed. 5. Paid $160 cash for advertising start of the business. 6. Received $1,150 cash from customers billed in transaction (4). 7. Paid creditor $250 cash on account. Paid dividends of $380 cash to stockholders. 8. Your answer is correc For each transaction indicate the basic type of account debited and credited (asset, liability, stockholders' equity); the specific account debited and credited (Cash, Rent Expense, Service Revenue, etc.); whether the specific account is increased or decreased, and the normal balance of the specific account. Account Debited Account Credited Normal Normal No. Basic Type Specific Account Effect Balance Basic Type Effect Specific Account Balance 1. Asset Cash Increase Debit Stockholders' Equity Common Stock Increase Credit 2. Asset . Equipment Increase Debit Asset . Cash . Decrease Debit 3. Asset Supplies . Increase Debit. Liability Accounts Payable . Increase Credit Asset . Accounts Receivable Increase Debit. Stockholders' Equity Service Revenue Increase Credit 5 Stockholders' Equity Advertising Expense : Increase Debit Asset Cash . Decrease Debit 6. Asset . Cash Increase Debit Asset Accounts Receivable Decrease Debit 7 Liability Accounts Payable Decrease Credit Asset . Cash Decrease Debit 8. Stockholders' Equity Dividends Increase Debit Asset Cash Decrease Debit . SHOW LIST OF ACCOUNTS SHOW ANSWER No. Account Titles and Explanation Debit Credit 1. 2. 3. 5. 6. 7. 8