Question 2 of 6 < Selected transactions for Poway Landscaping Company are listed below Describe the effect of each transaction on assets, Rahilties and owner's equity For example, the first answer is Increase in assets and increase in owner's equity 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. B Purchased additional equipment for cash N Received cash from customers when service was performed /10 E