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. Assets Accounts Cash + Receivable + Supplies + $ 25,000 + $ 0 + $ 3,600 + Land $ 26,500 Liabilities + Accounts Payable Equity Common + Stock + Revenues $ 0 + $ 55,100 + $ 0 12345 -4,500 + 4,500 1,150 +1,150 2,650 + 2,650 -1,150 -1,150 5. +2,650 2,650 $ 22,000 + $ 0 + $ 4,750 + $ 31,000 = $ 0 + $ 55,100 + $ 2,650 Transaction Description 1. 2. 3. The company billed a client $1,150 for services provided. The company billed a client $2,650 for services provided. 4. 5. The company collected $2,650 cash from an account receivable. The company paid $1,150 cash toward an account payable. The company paid $2,650 cash toward an account payable. The company purchased $1,150 of supplies for cash.