Accord Corporation collected 55,000 from a customer who had purchsed $5.000 of inventory on account the previous month. How does this affect the accounting equation of the business? O assets increase by $5,000, assets decrease by $5,000 (net effect on total assets is $0) O assets increase by $5,000: equity increases by $5,000 assets increase by 55,000, liabilities decrease by $5,000 assets increase by S5,000, liabilities increase by $5,000