Bell Company pays money for insurance in advance of using the insurance, $6,300. Required: What is the effect of this transaction on individual asset accounts, individual liability accounts, the Capital Stock account, and the Retained Earnings account? Check all that apply. An asset account increases. A liability account increases. 0 0 An asset account decreases. A liability account decreases. OOOO Capital Stock increases. Capital Stock decreases. Retained Earnings increase. Retained Earnings decrease