below are several transactions for crimson tide corporation. a junior accountant, recently employed by the company, proposes to record the following transactions. external transaction accounts debit credit 1. pay cash dividends of $740 to stockholders. cash 740 dividends 740 2. provide services on account for customers, $2,800. cash 2,800 service revenue 2,800 3. pay a $440 utilities bill for the current period. utilities expense 440 cash 440 4. receive cash of $340 from previously billed customers. cash 340 service revenue 340 5. pay for supplies previously purchased on account, $1,140. supplies expense 1,140 cash 1,140