Nature of Transactions

Teri West operates her 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 stockholders' equity, except transaction $(5),$ ?affects net income.

a$.(2)$ ?Select the description for transaction $2.$

$?$

a$.(3)$ ?Select the description for transaction $3.$

$?$

a$.(4)$ ?Select the description for transaction $4.$