The following table shows the effects of transactions 1 through 5 on the assets, liabilities, and equity of Mulan's Boutique. Match each transaction with its probable description.

\begin{tabular}{|c|c|} \hline Transaction & Description \\ \hline 1. & \\ \hline 2. & \\ \hline 3. & \\ \hline 4. & \\ \hline 5. & \\ \hline \end{tabular} The company billed a client $1,070 for services provided. The company billed a client $2,250 for services provided. The company collected $2,250 cash from an account receivable. The company paid $1,070 cash toward an account payable. The company paid $2,250 cash toward an account payable. The company purchased $1,070 of supplies for cash. The company purchased $1,070 of supplies on credit. The company purchased land for $4,700 cash. The company received cash from a client $2,250 for services provided. The company sold land for $4,700 cash