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Zen began a new consulting firm on January 5. The accounting equation showed the following balances after each of the company's first five transactions. Analyze

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Zen began a new consulting firm on January 5. The accounting equation showed the following balances after 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 Tiabilities + Equity Assets Transaction 1. 2. 3. . 5. Cash $ 14,000 14,000 14,000 4,000 18,000 Accounts office office + Receivable + Supplies + Furniture $ 0 $ 0 + $ 0 6.000 0 + 0 6,000 0 16,000 + 6,000 11,000 16,000 6,000 11,000 16,000 Accounts Payable $ 0 0 16,000 17.000 17,000 Common Stock + Revenges + $14,000 + $ 14,000+ 6.000 14,000 + 6.000 14,000 + 6,000 14,000 + 20,000 ok moes Transaction Description 1. The owner invested $14,000 cash in the business 2 The company billed a customer $6,000 for services provided 3. 5

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