Please answer these questions

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. Assets = Liabilities + Equity Accounts Transaction Cash Receivable + Supplies + Equipment = Accounts Payable + Zen, Capital + Revenues 1. $ 3, 000 + $0 + + + $ 3, 000 + 2. 11, 000 0 + 0 + 0 0 + 3, 000 + 8, 000 3. 11, 000 8, 000 + 0 + 0 E 0 3, 000 + 16, 000 + + 4. 7, 000 8, 000 + 5, 000 + 0 1, 000 3, 000 + 16, 000 5. 49, 000 8, 000 5, 000 1, 000 45, 000 + 16, 000 X Answer is not complete. Transaction Description 1. 2. The company provided services for $8,000 cash. 3. The company billed a customer $8,000 for services provided. 4. The company purchased supplies for $5,000 by paying $4,000 cash and putting $1,000 on credit. 5. The company paid its supplier $8,000 for services provided. XIdentify the accounting principle or assumption that best reflects each situation. X Answer is complete but not entirely correct. Situation Principle or Assumption 1. A company records the expenses incurred to generate the revenues reported. Expense recognition (matching) principle V 2. The life of a company can be divided into time periods, and useful reports can be prepared for Going-concern assumption X those periods 3. Transactions and events are shown in monetary units. Business entity assumption X 4. Accounting reports presume that the business will continue operating instead of being closed. Going-concern assumption V 5. A company reports details behind financial statements that would impact users' decisions. Full disclosure principle V 6. Each business is accounted for separately from its owner or owners. Business entity assumptionThe following table shows the effects of transactions /through 5 on the assets, liabilities, and equity of Mulan's Boutique. Match each transaction with its probable description. Assets Liabilities Equity Accounts Cash + Receivable Supplies + Land = Accounts Payable + Mulan, Capital + Revenues $ 26, 000 + $ 3, 500 + $ 21, 500 $0 + $ 51, 000 + $0 4, 500 4, 500 1, 050 1, 050 2, 150 2, 150 I 1, 050 1, 050 2, 150 2, 150 $ 22, 600 SO $ 4, 550 $ 26, 000 $0 $ 51, 000 $ 2, 150 Transaction Description 1. ....... 2. 3. 4. The company billed a client $1,050 for services provided. 5. The company billed a client $2,150 for services provided. The company collected $2,150 cash from an account receivable. The company paid $1,050 cash toward an account payable.Identify the impact of each of the given transactions on the accounting equation: Transactions Impacts a. The company purchases equipment for cash. b. The owner invests land in the business. C. The company provides services and sent a bill for $500 to be received within 30 Decreases an asset and decreases a liability. days d. The company purchases supplies on credit. Decreases an asset and decreases equity. e. The owner invests cash in the business. Increases an asset and decreases an asset. f. The company purchases supplies for cash. Increases an asset and increases a liability. Increases an asset and increases equity.On October 1. 2021, Santana Rey launched a computer services company, Business Solutions, that is organized as a proprietorship and provides consulting services, computer system Installations, and custom program development. October 1 8. Rey invested $45, 000 cash, a $20, 000 computer system, and $8, 000 of office equipment in the company. October 2 The company purchased $1, 420 of computer supplies on credit. October 6 The company billed Easy Leasing $4, 800 for services performed in installing a new web server. 2 8 The company paid $1, 420 cash for the computer supplies purchased on credit on October 1. October 10 The company hired a part-time assistant. October 12 The company billed Easy Leasing another $1, 400 for services performed. October 15 The company received $4, 800 cash from Easy Leasing as partial payment toward its account. October 17 company paid $806 cash to repair its computer equipment. October 20 The company paid $1, 728 cash for advertisements published on Facebook October 22 The company received $1, 400 cash from Easy Leasing toward its account. October 28 The company billed IFM Company $5. 208 for services performed. October 21 The company paid $875 cash for the assistant's wages for this month. October 21 8. Rey withdrew $3, 600 cash from the company for personal use. Required: Enter the amount of each transaction on Individual Items of the accounting equation. (Enter decreases to account balances with a minus sign. Enter as per the transaction order provided in the question data.) Assets = Liabilities + Equit Date Accounts Computer Computer Office Accounts S. Rey. S. Rey. Cash Receivable Supplies Payable Capital Withdrawals Revenues Expenses System Equipment October 1+ October 3 Balance after October 1 and October 3 + + + + + October 6 Balance after October 6 October 8 + Balance after October 8 October 12 Balance after October 12 October 15 Balance after October 15 + + + + + + + + + + + + + + + + + + + + + + + 1 1 1 1 11 1 1 1 1 1 11 1 1 1 11 11 11 11 11 1 1 + + + + + + + + + + + + + + + + + + + + + + + October 17 + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + Balance after October 17 October 20 Balance after October 20 + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + October 22 Balance after October 22 October 28 Balance after October 28 October 31 Balance after October 31 October 31 Balance after October 31