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Question 3 of 7 Selected transactions for Flint, an interior decorator corporation, in its...

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Accounting

Question 3 of 7
Selected transactions for Flint, an interior decorator corporation, in its first month of business, are as follows.
Issued stock to investors for $16,400 in cash.
Purchased used car for $10,100 cash for use in business.
Purchased supplies on account for $350.
Bille ?Cd customers $3,700 for services performed.
Paid $150 cash for advertising at the start of the business.
Received $1,510 cash from customers billed in transaction (4).
Paid creditor $390 cash on account.
Paid dividends of $370 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.
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