If Star, Inc. invoiced one its clients $50,000. The client is expected to pay the invoice in 3 months. What was the effect on the assets, liabilities and shareholders equity for this transaction? A. Assets would decrease $50,000, liabilities would decrease $50,000, and equity would decrease $50,000. B. Assets would increase $50,000, liabilities would not change, and equity would increase $50,000. C. Assets would increase $50,000, liabilities would decrease $50,000, and equity would not change. D. There would be no effect on the accounts because the accounts are affected by the same amount. E. None of the above