4 In June 2022, Arwen opened a soccer school for King's Own public school and completed the transactions below during the first month of operations. of For each of the following transaction, state the effect on the accounting equation: Withdrew $3,000 from the business to pay for personal home loan Choose... Recorded revenue for the second half of the month of $7,000 in cash Paid $5,000 for advertising Choose... Choose... " Purchased supplies on credit for $6,000 Choose... The owners withdraw cash to pay personal home loan Choose... Purchased soccer balls, gloves and other equipment costing $10,000 for cash Choose.... 4 Paid insurance expense for June of $2,000 by EFT Choose... 0 Arwen invested $50,000 in his business Choose.... Paid telephone bill of $3,000 Choose... 0 Recorded cash revenue for the first half of the month of $20,000 Choose