Question: Presented below are three transactions. Mark each transaction as affecting owners investment (I), owners drawings (D), revenue (R), expense (E), or not affecting owners equity

Presented below are three transactions. Mark each transaction as affecting owner’s investment (I), owner’s drawings (D), revenue (R), expense (E), or not affecting owner’s equity (NOE).
_______(a) Received cash for services performed
_______(b) Paid cash to purchase equipment
_______(c) Paid employee salaries

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