Question: End of Chapter 1 Assignment * Help 7 25 nts Zen began a new consulting firm on January 5. The accounting equation showed the following
End of Chapter 1 Assignment * Help 7 25 nts Zen began a new consulting firm on January 5. The accounting equation showed the following financial summary for each of the company's first five transactions. Analyze the accounting equation for each transaction and match the given transaction with its most likely description Assets - Liabilities Equity Accounts Transaction Accounts Cash + Receivable + Supplies Com $ 40,00 Equipment 1. Payable Stock e S $ $ Revenues $ # $40.000 2. 38,000 3.000 0 40.000 30.ee 3,000 3,000 1. 40,000 3e. 6,000 5.000 1,000 40,000 6.000 5. 31,000 + 6,000 3,000 1.000 40.000 7,000 eBook + + 4 e e Print + 4 + + + + $ + eferences a + + + - Description Transaction 1 2. 3 4 5 P
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