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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 Assets Liabilities + Equity Transaction 1. 2. 3. Accounts Payable $ . Accounts Office office + Receivable - Supplies Furniture $ + $ + $ + 6,800 6,000 + 3,000 6,000 3,000 Cash $ 1,000 7,000 7,800 5,800 45,000 Common + Stock + $1,000 + 1,000 + 1,000 1,000 41,000 + + + + + + Revenues $ 6,000 12,000 12,000 12,000 5. + + + 1,000 1,000 . Transaction Description 1 2 3 4. 5 The company billed a customer $6,000 for services provided The company paid its supplier $6,000 for services provided. The company provided services for $6,000 cash. The company purchased supplies for $3,000 by paying $2,000 cash and putting $1,000 on credit. That's all the information the question gives me 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 Assets Liabilities + Equity Transaction 1. 2. 3. Accounts Payable $ . Accounts Office office + Receivable - Supplies Furniture $ + $ + $ + 6,800 6,000 + 3,000 6,000 3,000 Cash $ 1,000 7,000 7,800 5,800 45,000 Common + Stock + $1,000 + 1,000 + 1,000 1,000 41,000 + + + + + + Revenues $ 6,000 12,000 12,000 12,000 5. + + + 1,000 1,000 . Transaction Description 1 2 3 4. 5 The company billed a customer $6,000 for services provided The company paid its supplier $6,000 for services provided. The company provided services for $6,000 cash. The company purchased supplies for $3,000 by paying $2,000 cash and putting $1,000 on credit. That's all the information the question gives me

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