Selected transactions for Front Room, an interior decorator corporation, in its first month of business, are as follows 1. Issued stock to investors for $14,600 in cash. 2. Purchased used car for $10,100 cash for use in business. 3. Purchased supplies on account for $340. 4. Billed customers $5,510 for services performed. 5. Paid $150 cash for advertising start of the business. 6. Received $1,100 cash from customers billed in transaction (4). 7. Paid creditor $420 cash on account. 8. Paid dividends of $470 cash to stockholders. marually) Ro. Accound esandd Explanation Debit Credt