On June 15, Richardson Company pays $600 for May's utility bill. Earlier, on May 31, Richardson Company had accrued the utility cost. Required: What is the effect of this transaction on individual asset accounts, individual liability accounts, the Capital Stock account, and the Retained Earnings account? Check all that apply. An asset account An asset account increases . decreases. A liability account A liability account 0 O increases. decreases. Capital Stock increases. Capital Stock decreases. O O Retained Earnings Retained Earnings O increase. decrease