Current Attempt in Progress Classify the following items as investment by owner, owner's drawings, revenues, or expenses. Then indicate whether each item increases or decreases owner's equity. 1. Drawings is ; it owner's equity. 2. Rent Revenue is ; it owner's equity. 3. Advertising Expense is an ; it owner's equity. 4. When the owner puts personal assets into the business, it is ; it owner's equity. eTextbook and Media Save for Later Attempts: 0 of 4 used Submit Answer