Pharoah Corp. incurred the following selected transactions during the month of April. Apr. 2 Paid monthly rent, $950. 3 Completed floor refinishing on account for $1,400. 5 Received $1,300 cash for floor sanding and polishing. 6 Purchased additional refinishing equipment for $4,100. The company paid cash of $600, and the balance was due on account in 20 days. 12 Collected amount owed by customer for April 3 transaction. 15 Declared and paid $230 of dividends to stockholders. 16 Purchased sandpaper for $450 on account. (Hint: Use the Supplies account.) 19 Paid $340 to repair equipment. Instructions For each transaction, indicate (Enter "Specific Account" in alphabetical order.) (1) the basic type of account debited or credited (asset, liability, or stockholders' equity), (2) the specific account debited or credited, and (3) whether the specific account is increased or decreased to record this transaction.