The following table shows the effects of five transactions (1 through 5) on the assets, liabilities, and equity of Mulan's Boutique.

Identify the explanation from a through j below that best describes each transaction 1 through 5 above and enter it in the blank space in front of each numbered transaction.
a. The company purchased $1,000 of office 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 owner withdrew $1,000 cash from the business.
e. The company purchased office supplies for $1,000 cash.
f. The company purchased land for $4,000 cash.
g. The company billed a client $1,900 for services provided.
h. The company paid $1,000 cash toward an account payable.
i. The owner invested $1,900 cash in the business.
j. The company sold office supplies for $1,900 on credit.

Transcribed Image Text:

Assets Llablitles+ - Liabiltles + Equity Cash +Accounts OfflceLdAccountsMulan, Revenues Payable Land Accounts+ Recelvable Supplles Capltal 21,000 +$ 0$3,000 +$19,000 $0 $43,000 + S 0 4,000 -1.-4,000 +1,000 -1,000 s0 $43,000$1,900 -2 +1,000 + 1,900 +1,900 -4.-1,000 +1.900 -1,900 $17.900 +-+$4,000 + $23,000 =-O + $12,000 + $1.900