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Saturn, Inc. paid
$ 12 comma 000
on accounts payable. How does this transaction affect the accounting equation of Saturn?
A.
assets increase by
$ 12 comma 000
and equity decreases by $ 12 comma 000
B.
assets decrease by
$ 12 comma 000
and liabilities decrease by $ 12 comma 000
C.
assets decrease by
$ 12 comma 000
and equity increases by $ 12 comma 000
D.
assets increase by
$ 12 comma 000
and liabilities increase by $ 12 comma 000
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