A company sells merchandise on credit. If a customer pays its balance due after the discount period has passed, what is the effect of the payment on seller's accounting equation?

Echols Company sells merchandise on credit. If a customer pays its balance due after the discount period has passed, what is the effect of the payment on seller's accounting equation? a. Assels decrease and liabilities increase. b. Assets and stockholders' equity decrease. Oc. Assets and stockholders' equity increase. d. No net ellect