-15 iew Policies 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