Classify the fol I owi rig items as investment by owner. owner’s drawings, revenues_ or Ecpens_Then indicate whether each item increases or decreases owner’s equity_
1. Drawings is it , it V owner’s equity_ equity_ Rent Revenue is owner’s 3. Advertising Expense is an owner’s equity_ V it se+ 4. When the owner pucs personal assets into the business, it is ; it owner’s equity.