2 4 nts eBook On September 1, 2015, Richard started a small business called "Ricky Rock Wrestling for Fun". "Ricky Rock" offers a party package designed for active kids, teen and adults that want to learn and practice wrestling activities for fun by learning how to perform headlocks, leg scissors and other tricks. The following transaction occurred during the first month of operations, please Indicate what's the effect on the accounting equation: September Description Amount 12 Third event organized and delivered. Birthday party for a 7 years old boy. Parents promise to pay in a few days. $1,000 Multiple Choice Increase and decrease assets Increase assets and Increase Owner's equity None of the other alternatives are correct Decrease assets and decrease liabilities