ClayDesta Oil Company was recently formed. The balance of each item in the compa-ny's accounting equation follows for August 4 and for each of the nine business days given:

RequiredAssuming that a single transaction took place on each day, describe briefly the transaction that wasmost likely to have occurred beginning with August 9. Indicate which accounts were affected andby what amount. No revenues or expense transactions occurred on these dates.

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Accounts Accounts Stockholders' Cash Receivable Supplies Land Payable Equity Aug. 4 $3,000 $7,000 S 800 $11,000 $3,800 $18,000 4,000 6,000 800 11,000 3,800 18,000 14 2,000 6,000 800 11,000 1,800 18,000 17 2,000 6,000 1,100 11,000 2,100 18,000 19 3,000 6,000 1,100 11,000 2,100 19,000 20 1,900 6,000 1,100 11,000 1,000 19,000 22 7,900 6,000 1,100 5,000 1,000 19,000 25 7,900 6,200 900 5,000 1,000 19,000 26 7,700 6,200 1,100 5,000 1,000 19,000 28 2,600 6,200 1,100 10,100 1,000 19,000