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13 Zen began a new consulting firm on January 5. The accounting equation showed the following financial summary for each of the companys its live

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13 Zen began a new consulting firm on January 5. The accounting equation showed the following financial summary for each of the companys its live transactions. Analyze the accounting equation for each transaction and match the given transaction with its most likely description Account - crve. Suplies fait Labutis Accounts Payable So 1 - Equity Com stock Revenues 1 $0 48.000 10,000 57.000 57.000 10,000 57.000 24,000 13.000 11,000 51.000 - + o . . . . 0 16.000 16.000 10,900 16.000 1 14.000 Transaction Description 1 the owner invested $40.000 cash in the business Exchange for its common stock the company porchogunion for $10 009 Cash The company provided services for $10.000 ch he ownevested 500.000 cash the business in exchange for its common stock The company provided services for $10,000 cash

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