Collection of a $1,500 Accounts Receivable Select one: 0 O O 0 a. decreases a liability $1,500; increases owner's equity $1,500. b. increases an asset $1,500; decreases a liability $1,500. c. increases an asset $1,500; decreases an asset $1,500. d. decreases an asset $1,500; decreases a liability $1,500