$1$

Zen began a new consulting firm on January $5.$ Following are total account balances after each of the company's first five transactions $($using the accounting equation form$).$ Analyze the accounting equation for each transaction and match the given transaction with its most likely description.

Relerences

$\backslash$table$[[,$Assets,$\{$

$\backslash$table$[[=$ Liabilities$],[$Accounts$],[=$ Payable$]]\},$Equity$],[,,,$Accounts,,,,,,Common,,$],[\backslash$table$[[$Transaction$],[1.]],\backslash$table$[[$Cash$],[$$$40,000$