Saved Help S. Exercise 1-11 Identifying effects of transactions on the accounting equation LO P1 The following table shows the effects of five transactions (1 through 5) on the assets. liabilities, and equity of Mulan's Boutique, Match the given transaction with its probable description. Assets Liabilities + Equity Accounts Receivable $ 0 + + + office Supplies $3,000 + + + Land $ 19,000 4,000 Accounts Payable $ 0 Common Stock $ 43,000 Revenues + $ 0 + + 1,000 + 1,000 Cash $ 21,000 1. - 4,000 2. 3. 4. - 1,000 5. + 1,900 $ 17,900 1,900 + 1,900 -1,000 1,900 0 $ + $4,000 + $ 23,000 $ 9 $ 43,000 $1,900 Description Transaction 1. 2. 3. 4. 5. A S