Paid creditors on account. What effects does this journal entry have on the accounts? a. increase Cash, decrease Accounts Payable b. decrease Accounts Payable, increase Cash c. increase Accounts Payable, increase Cash d. decrease Accounts Payable, decrease Cash Paid creditors on account. What effects does this journal entry have on the accounts? a. increase Cash, decrease Accounts Payable b. decrease Accounts Payable, increase Cash c. increase Accounts Payable, increase Cash d. decrease Accounts Payable, decrease Cash