Selected transactions for Novak, an interior decorator corporation, in its first month of business, are as follows. 1. Issued stock to investors for $16,800 in cash. 2. Purchased used car for $11,000 cash for use in business. 3. Purchased supplies on account for $250. 4. Billed customers $4,650 for services performed. 5. Paid $230 cash for advertising at the start of the business. 6. Received $1,470 cash from customers billed in transaction (4). 7. Paid creditor $220 cash on account. 8. Paid dividends of $320 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; 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