Mr. Smith buys inventory of $25,000 on 30 day terms for his Dry Goods business on 2/2/18, and creates a new bill to pay. He enters a $25,000 expense on his Income Statement, however, the Balance Sheet is effected as well. How is the balance sheet effected? O A $25,000 Accounts Receivable is created O Cash decreases immediately by $25,000 O Cash increases immediately by $25,000 O A $25,000 Accounts Payable is created