The Following Schedule Reflects the First Month's Transactions of the Blue

Essay

The following schedule reflects the first month's transactions of the Blue Real Estate Company.
$\begin{array}{|r|r|r|r|r|r|r|r|}\hline&\text { Cash }+ & \begin{array}{c} \text { Accounts } \\\text { Receivable }+\end{array} & \text { Supplies }+ & \text { Equipment }- & \begin{array}{c}\text { Accounts } \\\text { Payable }+\end{array} & \begin{array}{c}\text { Common } \\\text { Stock }+\end{array} & \begin{array}{l}\text { Retained } \\\text { Earnings }\end{array}\\\hline 1 . & -20,000 & & & & & +20,000 & \\\hline 2 . & -5,000 & & & -5,000 & & & \\\hline 3 . & & & +1,500 & & +1,500 & & \\\hline 4 . & +3,000 & & & & & & +3,000 \\\hline 5 . & +1,000 & +1,500 & & & & & +2,500 \\\hline 6 . & -750 & & & & -750 & & \\\hline 7 . & +500 & -500 & & & & & \\\hline 8 . & & & -400 & & & & -400 \\\hline 9 . & -2,000 & & & & & & -2,000 \\\hline\end{array}$
Provide descriptions for each transaction.