Zelda 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 describe each of the five transactions with theiramounts.

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Assets - Liabilities + Equity Accounts Office Sup-F Accnts Zelda, Office rans- ReceiV action Cash+ able plies turePayable Capital Revenues $20,000+ $ 0 + $. 0+$ 0= $0 + $20,000 + $ 0 a. b. C. d. e. 19,000+ 11,000 1,000 3,000500 8,000500 20,0003,000 11,500 3,000500 + 8.000500 20,0003,500 50020,000 + 0 500 + 0 +008,000500 20.000