Q 2.14: Suppose a firm uses $18,000 of its cash to pay rent this month. What effect would this have on the Cash and Rent Expense accounts? It would decrease the Cash account as a debit and decrease the Rent Expense account as a credit. B It would increase the Cash account as a credit and increase the Rent Expense account as a debit C It would increase the Cash account as a debit and increase the Rent Expense account as a credit. D It would decrease the Cash account as a credit and increase the Rent Expense account as a debit