Company C paid $$200$ for utility expenses. How does this transaction affect the company's financial statements?

A$)$ Decrease in Cash and Decrease in Expenses on the Income Statement

B$)$ Decrease in Cash and Increase in Expenses on the Income Statement

C$)$ Decrease in Accounts Payable and Increase in Expenses on the Income Statement

D$)$ Decrease in Cash and Increase in Assets on the Balance Sheet