Required information Exercise 2-13A Correct recorded transactions (LO2-4) [The following information applies to the questions displayed below.] Below are several transactions for Crimson Tide Corporation. A junior accountant, recently employed by the company, proposes to record the following transactions. External Transaction 1. Pay pash dividends of $800 to stockholders. Accounts Debit Credit Cash 800 Dividends 800 2. Provide services on account for customers, $3,400. 3. Pay a $500 utilities bill for the current period. 4. Receive cash of $400 from previously billed customers. Cash. 3,400 Service Revenue 3,400 Utilities Expense Cash 500 500 Cash 400 Service Revenue 400 5. Pay for supplies previously purchased on account, $1,200. Supplies Expense 1,200 Cash 1,200