Indicate the effects of the following business transactions on the accounting equation for Shane's Roasted Peanuts, a supplier of snack foods. Transaction (a) is answered as a guide. (Click the icon to view the transactions.) a. Shane's Roasted Peanuts received cash from the owner and gave capital to Shane. a. Increase asset (Cash) : Increase equity (Shane, Capital) b. Cash purchase of land for a building site. b. Increase asset (Land) Increase asset (Cash)