2 Grandmark Printing pays the current month's rent of $2,000 to the landlord of the building where its facilities are located. How does this transaction affect the accounting equation for Grandmark? 01:24:45 Multiple Choice O Assets would decrease $2,000 and equity would decrease $2,000. Liabilities would decrease $2,000 and equity would increase $2,000. Assets would increase $2,000 and liabilities would increase $2,000. Assets would decrease $2,000 and liabilities would decrease $2,000.

Grandmark Printing pays the current month's rent of $2,000 to the landlord of the building where its facilaties are located. How does this transaction affect the accounting equation for Grandmark? Marde Croice