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 30 Richard promised to pay on October 6th to his parents the extra charge that comes in the insurance premium of their cars for having him as an additional driver (male under 25). $800 Multiple Choice Increase assets and increase Owner's equity None of the other alternatives are comect increase assets and increase bites Decrease assets and decreases Increase and decrease assets