Laker Co. receives a cash payment of $5,900 from a customer on account. Required: For the transaction above, complete the following: (a) Select the accounts that are affected (there will be at least two). (b) Are the selected accounts increased or decreased? (c) What is the dollar amount of change in the accounts? (d) If Retained Earnings is selected, choose the reason that it has changed. Cash Account Which accounts are affected? Accounts Receivable Supplies Tools Accounts Payable Capital Stock Retained Earnings C O Is the account increased or decreased? 00000 Increase Decrease Increase Decrease Increase Decrease Increase Decrease What is the amount of transaction? S $ 0 $ 0 $0 Why has Retained Earnings changed? 0 0 0 0 Increase $0 Decrease Increase $0 Decrease Increase Decrease Choose One o