Oriole Diner received a bill of $630 from the Monty Wine Advertising Agency. The owner of Oriole Diner, K. T. Lang, is postponing pavment of the bill until a later date. The effect on specific items in the basic accounting equation for Oriole Diner is O an increase in Accounts Payable and a decrease in Owner's Capital. O a decrease in Accounts Payable and an increase in Owner's Capital. a decrease in Cash and an increase in Accounts Payable a decrease in Cash and an increase in Owner's Capital.