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The following table shows the effects of transactions / through 5 on the assets, liabilities, and equity of Mulan's Boutique. Assets Liabilities Equity Cash +

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The following table shows the effects of transactions / through 5 on the assets, liabilities, and equity of Mulan's Boutique. Assets Liabilities Equity Cash + Accounts + Supplies + Land = Accounts + Mulan, + Revenues Receivable Payable Capital $21,000 + $ 0 + $3,000 + $19,000 = $ 0 + $43,000 + 0 -4,000 + 4,000 + 1,000 +1,000 - 3. + 1,900 + 1,900 -1,000 -1,000 _5. +1,900 1,900 $17,900 + $ $4,000 + $23,000 = $ 0 + $43,000 + $1,900 Identify the explanation from a through j that best describes each transaction / through 5. a. The company purchased $1,000 of supplies on credit. b. The company collected $1,900 cash from an account receivable. c. The company sold land for $4,000 cash. d. The company paid $1,000 cash for land. e. The company purchased supplies for $1,000 cash. f. The company purchased land for $4,000 cash. cloon

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