Campbell Company purchases store supplies for $2,200, paying 20 % of the amount due in cash and agreeing to pay the balance at a later date. 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 An asset account decreases increases A liability account increases A liability account decreases. Capital Stock decreases. Capital Stock increases Retained Earnings decrease Retained Earnings increase