Sunland Diner received a bill of $710 from the Culver Wine Advertising Agency. The owner, K.T. Lang, is postponing payment of the bill until a later da The effect on specific items in the basic accounting equation is O a decrease in Accounts Payable and an increase in Owner's Capital. O a decrease in Cash and an increase in Owner's Capital. O an increase in Accounts Payable and a decrease in Owner's Capital. O a decrease in Cash and an increase in Accounts Payable