A company paid employee wages of $72,000 for the month. What would the effect of this transaction on the current month's accounting equation? Select one: o A. $72,000 decrease in Assets; No effect on Liabilities: $72,000 decrease in Stockholders' Equity B. No effect on Assets; $72,000 decrease in Liabilities; $72,000 increase in Stockholders' Equity C. $72,000 increase in Assets; $72,000 increase in Liabilities; No effect on Stockholders' Equity D. $72,000 decrease in Assets; $72,000 decrease in Liabilities: No effect on Stockholders' Equity