Selected transactions for Concord, an interior decorator corporation, in its first month of business, are as follows. 1. 2. Issued stock to investors for $15,500 in cash. Purchased used car for $10,200 cash for use in business. Purchased supplies on account for $270. 3. 4. Billed customers $4,400 for services performed 5 Paid $180 cash for advertising at the start of the business. Received $1,850 cash from customers billed in transaction (4) 6 7. Paid creditor $430 cash on account. 8 Paid dividends of $530 cash to stockholders. Account Titles and Explanation Debit Credit 3. 4 5. 6. 7 5. 6. 7. 8 Journalize the transactions. (If no entry is required, select "No Entry" for the account titles and enter for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.) No. Account Titles and Explanation Debit Credit 1 2 3