pls help qnswer both questions

JoJo Company is owned and operated by Jo Johnson. Select the answer below that correctly indicates the effect of this transaction on the accounting equation elements (Assets, Liabilities, Owner's Equity, Drawing, Revenue, and Expenses and the specific item that is affected. Paid rent expense $1,000. Assets (Cash) decreases $1,000; Expenses (Rent Expense) increases by $1,000. Assets (Cash) increases $1,000; Expenses (Rent Expense) decreases by $1,000. Assets (Cash) decreases $1,000; Liabilities (Accounts Payable) decreases by $1,000. Asset Cash) decreases by $1,000; Owner's Equity (Jo Johnson, Capital) increases by $1,000. Question 40 0.1pts Assume that the total liabilities for Hawk Company's as shown on the balance sheet on December 31,20 Y 5 was $60,000 and total owner's equity on the same date was $40,000. What is the ratio of liabilities to owner's equity on that date? $100,000 1.0 .667 1.5