Selected transactions for Blue, an interior decorator corporation, in its first month of business, are as follows. 1. Issued stock to imvestors for $14,700 in cash. 2. Purchased used car for $10,500 cash for use in business. 3. Purchased supplies on account for $370. 4. Billed customers $5,680 for services performed 5. Paid $160 cash for advertising at the start of the butiness. 6. Received $1,360 cash from customers billed in transaction (4). 7. Paid creditor $190 cash on account. 8. Paid dividends of $430 cash to stockholders. (a) 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 Credited Basic Type Stockholders' Equity Specific Account Normal Balance Increase Credit