Sadaf Oman Company received utility bill on January 20, 2020 for RO 500. On January 25, the company paid the full amount of the utility bill. The effect of the January 25 transaction on the company records will include: . An increase in equity account by RO 500 b. A decrease in utilities payable account by RO 500 Oc Adecrease in utilities expense account by RO 500 d. None of the options are correct Adecrease in retained earnings account by RO 500 e