A company incurred $30,000 (to be paid next year) for the current year's advertising activities. What would the effect of this transaction on the current year's accounting equation?

Select one:

A. No effect on Assets; $30,000 decrease in Liabilities; $30,000 increase in Stockholders' Equity

B. $30,000 increase in Assets; $30,000 increase in Liabilities; No effect on Stockholders' Equity

C. $30,000 increase in Assets; No effect on Liabilities; $30,000 increase in Stockholders' Equity

D. No effect on Assets; $30,000 increase in Liabilities; $30,000 decrease in Stockholders' Equity