On 1 May 2022 Nkosi started a cleaning service business. Five of the transactions for the month ended 31 May 2022 are listed below. Choose the correct option to show what effect the following transactions would have on the basic accounting equation: Assets = Equity + Liabilities. Paid Furno Supplies R21 000 in full settlement of their account of R23 000. Question 8Answer a. Decrease assets, no effect on equity and decrease liabilities. b. Increase assets, increase equity and decrease liabilities. c. Decrease assets, increase equity and decrease liabilities. d. Decrease assets, decrease equity and decrease liabilities