a.(1) select the description for transaction 1. A.recognition of cost of supplies used B.withdrewal of cash by owner C.purchase of supplies on account D. purchase of land for cash E. payment of cash to creditors F. payment of cash for expense G. provide catering service for cash a.(2) select the description for transaction 2. A.recognition of cost of supplies used B.withdrewal of cash by owner C.purchase of supplies on account D. purchase of land for cash E. payment of cash to creditors F. payment of cash for expense G. provide catering service for cash a.(3) select the description for transaction 3. A.recognition of cost of supplies used B.withdrewal of cash by owner C.purchase of supplies on account D. purchase of land for cash E. payment of cash to creditors F. payment of cash for expense G. provide catering service for cash a.(4) select the description for transaction 4. A.recognition of cost of supplies used B.withdrewal of cash by owner C.purchase of supplies on account D. purchase of land for cash E. payment of cash to creditors F. payment of cash for expense G. provide catering service for cash a.(5) select the description for transaction 5. A.recognition of cost of supplies used B.withdrewal of cash by owner C.purchase of supplies on account D. purchase of land for cash E. payment of cash to creditors F. payment of cash for expense G. provide catering service for cash a.(6) select the description for transaction 6. A.recognition of cost of supplies used B.withdrewal of cash by owner C.purchase of supplies on account D. purchase of land for cash E. payment of cash to creditors F. payment of cash for expense G. provide catering service for cash a.(7) select the description for transaction 7. A.recognition of cost of supplies used B.withdrewal of cash by owner C.purchase of supplies on account D. purchase of land for cash E. payment of cash to creditors F. payment of cash for expense G. provide catering service for cash

B. what is the amount of the net decrease in cash during the month? $________ C. what is the amount of the increase in owner's equity during the month? $________ D.what is the amount of the net income for the month? $______ e. how much of the net income for the month was retained in the business? $_______

Kristoff Walker operates his own catering service. Summary financial data for February are presented in equation form as follows. Each line designated by a number indicates the effect of a transaction on the equation. Each increase and decrease in owner's equity, except transaction (5), affects net income