Check Ruttle Co. sold merchandise inventory to a customer for $62684 on credit. The inventory cost Ruttle Co. $43426 plete ut of 1.00 What is the effect of this business transaction on the accounting equation of the company? question Select one: a. Assets increase S17258, liabilities decrease $17258, and equity increases S17258 O b. Assets increase $108110, iabilities decrease $45426, and equity increases $62684 O c. Assets increase $62684, liabilities do not change, and equity increases $62684 e d. Assets increase $17258, liabilities do not change, and equity increases $17258 Check Next page