Zen began a new consulting firm on January 5. Following is a financial summary, including balances, for each of the company's first five transactions (using the accounting equation form).

Identify the explanation from a through j below that best describes each transaction 1 through 5 above and enter it in the blank space in front of each numbered transaction.
a. The company purchased office furniture for $8,000 cash.
b. The company received $40,000 cash from a bank loan.
c. The owner invested $1,000 cash in the business.
d. The owner invested $40,000 cash in the business.
e. The company purchased office supplies for $3,000 by paying $2,000 cash and putting $1,000 on credit.
f. The company billed a customer $6,000 for services provided.
g. The company purchased office furniture worth $8,000 on credit.
h. The company provided services for $1,000 cash.
i. The company sold office supplies for $3,000 and received $2,000 cash and $1,000 on credit.
j. The company provided services for $6,000 cash.

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Assets Liablitles+ Equlty Transactlon CashAccountsOffice Offlce Recelvable Revenues AccountsZen,R Supples Payable Capltal $40,000S 0 $0S0 S0 $40,000 S 0 38,000+ 30,000+ 01,000 40,000+ 2. 3. 4 30,000 0+ 3,000 0 + 3,000 8,0001,00040,000+ 3,0008,000000 40,000 6,000 -5, 31,000 + 6,000 + 3,000 + 8,000-1,000 + 40,000 + 7,000 +6,000