Exercise 1-13 (Algo) Identifying effects of transactions on the accounting equation LO P1 The following table shows the effects of transactions through 5 on the assets, liabilities, and equity of Mulon's Boutique. Match each transaction with its probable description Liabilities Accounts Payable 50 Accounts Receivable - Suprins 5 53.400 Equity CORO stock Ravenues 5 51.900 50 cash $ 23,000 300 Land $25.500 4.300 1.130 +1.250 2.550 2.550 - 1.130 - 1.130 +2.550 520, 120 2.550 SO $ 2.550 551.000 SO 54.530 529.000 Det 1 The company billed a client 51,1:30 for services provided The company bied a dient $2,550 for services provided The company collected $2,550 cash from an account receivable The company paid $1,190 cash toward an account payable