Zelinsky Electronics was recently formed as a proprietorship. The balance of each item in the company€™s accounting equation is shown for October 1 and for each of the following business days.

Requirement
1. A single transaction took place on each day. Briefly describe the transaction that most likely occurred on each day, beginning with October 4. Indicate which accounts were increased or decreased and by what amounts. Assume that no revenue or expense transactions occurred during themonth.

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Accounts Zelinsky, payable Accounts Cash receivable Supplies Land capital Oct 1 $4,000 7,300 $1,200 $12,800 $4,000 21,300 26,3 1,200 2,800 4,000 16,800 16 3,500 16,800 2,900 1,600 16,800 2,900 1,600 16,800 2900 26.300 4,800 6,000 8,400 6,00 2,400 16,800 2,300 31.300