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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

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.

Journalize the transactions. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.)

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