Identify each of the following as an (1) increase to owner's equity or a (2) decrease to owner's equity.
(a)Fees earned
(b)Wages expense
(c)Withdrawals
(d)Lawn care revenue
(e)Investment
(f)Supplies expense

Owner's Equity

The residual interest in the assets of an entity after deducting liabilities, representing the ownership stake of the proprietors.

Fees Earned

Fees earned constitute the income a company generates from providing services before any expenses are deducted.

Wages Expense

The total cost incurred by a company for the amount paid to its hourly employees during a reporting period.