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Question 7 Which of the following accounts are under owners equity? Not yet answered Marked out of 1.00 O a. Unearned revenue P Flag question O b. Retained Earnings a Cash O d. Prepaid expense Question 8 Cash received from sale made on account last month affects which of the following accounts? Not yet answered Marked out of 1.00 O a. Cash and Service Revenue Flag question b. Cash and Notes Payable O c. Cash and Salary Expense d. Cash and Accounts Receivable Question 9 Ms. Nihal started her business by investing RO 30,000 in cash. This transaction would? Not yet answered Marked out of 1.00 O a. increase assets and increase liabilities Flag question O b. increase assets and increase equity O c. increase one asset and decrease another asset O d. decrease assets and decrease liabilities Question 10 Not yet Identify which of the following are known as the owners of corporations. answered Marked out of 1.00 a. Owners F Flag question b. Shareholders O c. Partners d. Employees