Haskins, Inc., began operations on January 1, 2018. The seven transactions recorded during January by the company accountant are shown in the following T-accounts:

Complete the following table. For each transaction shown, determine the accounts affected, the type of account, whether the account increases or decreases, and whether it would be recorded in the journal on the debit or credit side.

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Cash 111 Equipment 114 Dividends 322 3,000 3,000 (1) 15,000 (2) (5) (6) |(7) 8,450| 3,000 (2) Bal 250 (7) Bal 1,000 1,000 2,300 1,000 Accounts Payable 250 (3) 211 411 Service Revenue Bal 600 4,500 4,500 (5) (4) Bal Bal 350 Accounts Receivable 112 Common Stook 311 Operațing Expenses 2,300 2,300| 511-524 4,500 4,500 (4) Bal (1) Bal 15,000 15,000 (6) Bal Supplies 113 (3) Bal 600 600 Transaction (1) Accounts Affected Cash Common Stock Type Dr. or Cr. Asset Stockholders' Equity Increase Increase Dr. Cr.