Exercise $1-12($Static$)$ Analysis using the accounting equation LO P$1$

$4\mathrm{.}37$ 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.

$\backslash$table$[[$Transaction$,$Cash,$\backslash$table$[[$Assets$],[$Accounts$]],+$ Supplies,$+,$Equipment,$=$ Liabilities $+,,$Equity$],[+R,$Rece$$vable$,=,$Payable,$+,$stock,$+,$Revenues$],[1.,$$$,40,000,+,$$$0,$$$0,+,$$$0,=,$$$0,+$$$,40,000,+,$$$0$