Indicate whether each of the following types of transactions will either (a) increase owner’s equity or (b) decrease owner’s equity

Indicate whether each of the following types of transactions will either (a) increase owner’s equity or (b) decrease owner’s equity:

1. expenses
2. owner’s investments
3. owner’s withdrawals
4. revenues

Answer:
1.  (b)  decrease
2.  (a)  increase
3.  (b)  decrease
4.  (a)  increase