Selected transactions for Bramble, an interior decorator corporation, in its first month of business, are as follows.

1.		Issued stock to investors for $16,000 in cash.
2.		Purchased used car for $10,700 cash for use in business.
3.		Purchased supplies on account for $400.
4.		Billed customers $4,010 for services performed.
5.		Paid $160 cash for advertising at the start of the business.
6.		Received $1,530 cash from customers billed in transaction (4).
7.		Paid creditor $400 cash on account.
8.		Paid dividends of $530 cash to stockholders.

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 No. Basic Type Specific Account Effect Normal Balance 1. Asset Cash Increase Debit 2. 5. 8 . >