a) Explain why an increase in expenses results in a decrease in owners' equity? What other part of the accounting equation is likely to be affected? (2 marks) b) Tony and Belinda Blaxland started an online travel business five years ago. Included in the business' Land and Buildings asset account is a villa located in Cairns. The villa is owned by Tony and Belinda. Tony allows his employees to use the villa, so he has decided to include it as an asset of the business. State which accounting concept is violated in this case. Explain the accounting concept and how it relates to this scenario. (3 marks) -> a) A B U b) Ff .ii !!! III 00 0