E1-5 Diehl Cleaners has the following balance sheet items. Accounts payable Accounts receivable Cash Notes payable Equipment Salaries and wages payable Supplies Owner's capital Cla liab (LO Instructions Classify each item as an asset, liability, or owner's equity. A: (L E1-6 Selected transactions for Green Valley Lawn Care Company are listed below. 1. Made cash investment to start business. 2. Paid monthly rent. 3. Purchased equipment on account. 4. Billed customers for services performed. 5. Withdrew cash for owner's personal use. 6. Received cash from customers billed in (4). 7. Incurred advertising expense on account. 8. Purchased additional equipment for cash. 9. Received cash from customers when service was performed. Instructions List the numbers of the above transactions and describe the effect of each transaction on assets, liabilities, and owner's equity. For example, the first answer is: (1) Increase in assets and increase in owner's equity