If a company pays cash to settle $18,000 of its accounts payable balance, what is the effect on the accounting equation? Multiple Choice Assets would decrease $18,000, abilities would decrease $18,000, and equity remains unchanged. Te Assets would increase $18,000 and liabilities would decrease $18,000 Assets would decrease $18,000, lobilities would decrease $18,000, and equity would increase $18,000 Assets would decrease $18,000, liabilities would decrease $18,000, and equity would decrease $18,000. There would be no effect on the accounts because the accounts are affected by the same amount