Which one of the following represents the expanded basic accounting equation? Assets = Liabilities + Owner's Capital - Owner's Drawings + Revenue - Expenses O Assets + Owner's Drawings + Revenue = Liabilities + Owner's Capital + Expenses. Assets Liabilities - Owner's Drawings = Owner's Capital + Revenues - Expenses. None of the above Coco Company paid $900 cash for one year rent. The effect on the components of the basic accounting equation of Coco Company is * An increase in assets and liabilities. A decrease in assets and liabilities. No change in total assets. None of the above