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Snlected transactions for Swifty, an interior decorator corporation in its first month of business, are as follows. 1. Iswed stock to investors for $15,800 in

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Snlected transactions for Swifty, an interior decorator corporation in its first month of business, are as follows. 1. Iswed stock to investors for $15,800 in cash 2. Purchased used car for $10,300 cash for use in business. 3. Purchased supplies on account for $320. 4. Bilied customers 55,430 for services performed. 5. Pald $200 cash for advertising at the start of the business 6. Recelved $1.870 cash from cuatomers billed in transaction (4). 7. Paid creditor $190 cashon account. 0. Paid dividends of $300 cash to stockholders. Question 3 of 7> (b) W6. Nowunt trites and Explatation: Debit Credie 1. 2. 1

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