The effects of five transactions on the assets, liabilities, and owner's equity of Lee Fox in his dental practice are shown in the following equation with each transaction identified by a letter. Write a short sentence or phrase telling the probable nature of each transaction.

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Assets = Liabilities + Owner's Equity Accounts Cash + Receivable Office Supplies + Land = Accounts Payable + Lee Fox, Capital $11,200 $5,250 $ 2,900 $19,350 a. - 10,000 +10,000 $ 1,200 $5,250 $12,900 $19,350 b. +450 +$450 $ 1,200 $5,700 $12,900 $450 $19,350 C. +$750 +750 $ 1,200 $750 $5,700 $12,900 $450 $20,100 d. -450 -450 $ 750 $750 $5,700 $12,900 $-0- $20,100 e. +750 -750 $ 1,500 + $-0- + $5,700 + $12,900 $-0- + $20,100