Jan. 2 Invested $10000 cash in the business in exchangefor common stock.3 Purchased used car for $4000 cash for use in business.9 Purchased supplies on account for $500.11 Billed customers $1800 for services performed.16 Paid $200 cash for advertising.20 Received $700 cash from customers billed on January 11.23 Paid creditor $300 cash on balance owed.28 Declared and paid a $1000 cash dividend.InstructionsFor each transaction indicate the following.(a) The basic type of account debited and credited (assetliability stockholders equity).(b) The specific account debited and credited (cash rent expenseservice revenue etc.).(c) Whether the specific account is increased or decreased.(d) The normal balance of the specific account