Ch $1$ Homework Assignment i

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Zen began a new consulting firm on January $5.$ Following are total account balances after each of the company's first five transactions $($using the accounting equation form$).$ Analyze the accounting equation for each transaction and match the given

$3\mathrm{.}7$ points transaction with its most likely description.

$\backslash$table$[[$Transaction$,$Description$],[1.,$The owner invested $$40,000$ cash in the business.$],[2.,$The company billed a customer $$6,000$ for services provided.$],[3.,$The company purchased equipment worth $$8,000$ on credit.$],[4.,$The owner invested $$6,000$ cash in the business.$],[5.,$The company purchased equipment worth $$8,000$ on credit.$]]$