Selected transactions for Culver, an interior decorator corporation, in its first month of business, are as follows. 1. Issued stock to investors for $16,300 in cash. 2. Purchased used car for $10,400 cash for use in business. 3. Purchased supplies on account for $310. 4. Billed customers $5,620 for services performed. 5. Paid $300 cash for advertising at the start of the business. 6. Received $1,460 cash from customers billed in transaction (4). 7. Paid creditor $330 cash on account. 8. Paid dividends of $320 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.