Question: Classify the following items as investment by owner (I), owners drawings (D), revenues (R), or expenses (E). Then indicate whether each item increases or decreases

Classify the following items as investment by owner (I), owner’s drawings (D), revenues (R), or expenses (E). Then indicate whether each item increases or decreases owner’s equity.
(1) Drawings
(2) Rent Revenue
(3) Advertising Expense
(4) Owner puts personal assets into the business


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