Current Attempt in Progress Selected transactions for Good Home, a property management company, in its first month of business, are as follows: Jan. 2 Issued stock to investors for $15,000 cash. 3 Purchased used car for $5,200 cash for use in business. Purchased supplies on account for $500. 11 Billed customers $2,100 for services performed. 16 Paid $450 cash for advertising. 20 Received $1,300 cash from customers billed on January 11. 23 Paid creditor $300 cash on balance owed. 28 Paid dividends of $2,000. For each transaction, indicate the following. (a) The basic type of account debited and credited (Asset, Liability, Stockholders' Equity). (b) The specific account debited and credited (Cash, Rent Expense, Service Revenue, etc.). (c) Whether the specific account is increased or decreased. (d) The normal balance of the specific account. 9 Question 5 of 25 Date Jan. 2 3 9 Asset (a) Basic Type 11 16 20 23 28 eTextbook and Media List of Accounts Cash Account Debited (b) Specific Account -/1 = : Nori Bala Del (c) Effect Increase 0000000 Question 5 of 25 (a) Basic Type Stockholder's Equity 0000 eTextbook and Media List of Accounts Common Stock Account Credited (b) Specific Account (c) Effect Increase -/1 : (d) Normal Balance Credit