Which of the following accounts has a debit balance? Select one: O a. Owner's Capital O b. Prepaid Insurance O c. Rent Revenue O d. Accounts Payable Which of the equation is correct for owner's equity? Select one: a. Owner's equity = Capital +/(-) Profit/(Losses)-Drawings b. Owner's equity = Revenue - Expenses c. Owner's equity = Capital + Profit + Drawings d. Owner's equity = Assets - Drawings