1 1 Zen began a new consulting firm on January 5. The accounting equation showed the following financial summary for each of the company's first five transactions. Analyze the accounting equation for each transaction and match the given transaction with its most likely description Transaction % 00:59:21 1. Assets Liabilities + Accounts Accounts Cash + Receivable Supplies - Equipment Payable $ 14,000 $ 0 + $ 0 + $ 0 - $ 0 + 14,000+ 6.000 + 0 0 14,000+ 6,000 0 16.000 16,000 4,000 6,000 11,000 16,000 17,000 18,000 + 6,000 11,000 16,000 17,000 Equity Common Stock + Revenges $ 14,000 $0 14,000 6,000 14,000 6,000 14,000 6,000 14,000 20,000 2. 4. 5. Description Transaction 1. 2 3 4. 5 The company billed a customer $6,000 for services provided. The company paid its supplier $14,000 for services provided. The company provided services for $14,000 cash. The company provided services for $6,000 cash. Zen began a new consulting firm on January 5. The accounting equation showed the following financial summary for each of the company's first five transactions. Analyze the accounting equation for each transaction and match the given transaction with its most likely description Transaction Asseta - Liabilities + Equity Accounts Accounts Common Canh + Receivable Supplies - Equipment = Payable + Stock +Revenues $ 14,000+ $0 + $ $ 0 - $ 0 + $0 14,000 14,000+ 6,000 0 + 0 O + 14,000 6,000 14,000+ 6,000 . 0 + 16,000 16,000 14,000 6,000 4.000 + 6.000 11,000 16,000 17,000 14,000 + 6,000 18,000 6,000 11,000 16,000 17,000 14,000 20,000 2. + 4. + Description Transaction 1. 2. 3. 5