Haskins, Inc., began operations on January 1, 2016. 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 Equipment Dividends 322 111 114 15,000 (2) (5) (6) (7) 8,450 3,000 250 2,300 1.000 (2) Bal 3,000 3,000 1,000 1,000 (1) _(7) Bal Accounts Payable 250 (3) |Bal 211 Service Revenue 411 Bal 600 350 4,500 4,500 (5) (4) |Bal Accounts Receivable 112 311 Common Stock Operating Expenses 4,500 4,500 511-524 (4) Bal (1) Bal 15,000 15,000 (6) 2,300 2,300 Bal Supplies 113 (3) Bal 600 600 Accounts Affected Cash Common Stock Transaction Dr. or Cr. Type Asset Stockholders' Equity (1) Increase Increase Dr. Cr.