13. The working papers contain a copy of the chart below. Analyze the errors that were made in recording transactions and indicate the immediate effect of the errors on the value of the financial statement elements shown in the chart . The errors could result in a higher value than it should be (), a lower value than it should be (), or no effect (-). Error (a) has been com pleted for you. Total Total Revenue Expense Income Net Total Total Owner's Assets Liabilities Equity 1 Error (a) Omitted recording the sale of services to a customer. (b) Omitted recording the receipt of a payment on account by a customer. (c) Recorded a sale on account as a cash sale (d) Recorded purchase of a new truck as a debit to Truck Repair Expense and a credit to Cash. (e) A withdrawal by the owner was debited to Bank Loan and credited to Cash () The collection of an acco receivable was debited to Cash and credited to Revenue. (8) An invoice received for advertising was debited to Telephone Expense and credited to Accounts Payable. (h) The payment of the owner's personal car loan was debited to Car Expense and credited to Cash (i) Omitted recording the investment of additional funds by the owner 6) Recorded a cash sale of $525 as $252. count