On October 1, Alice Rodstein started a consulting firm. The asset, liability, and stockholders' equity account balances after each of her first six transactions are shown below. Describe each of these six transactions:

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Amounts after Transaction Accounts Notes Common Retained Cash Receivable Supplies +Equipment = Payable + Stock + Earnings $7,000 + $ (b) 5,000 + 8,500+ 3,000 + 0000 0 + $ 0 + $ 0 = $ 0 +$7,000 0 + 2,000 + 0 = + 2,000 + 0 0+ 3,500+ + $ 7,000 + 0 7,000 + + 2,000 + 5,500 = 3,500 + 7,000 + 0 3,000+ 1,000 + 2,000 + 5,500 = 3,500 + 7,000 + 1,000 (f) 3,400 + 600 + 2,000 + 5,500 = 3,500+ 7,000 + 1,000