The following entry was journalized in the books of Brighty Company: Jan. 12 Inventory 8,000 Accounts Payable-HST, Inc. Purchased inventory on account. What is the impact of this entry on the accounting equation? O a. a decrease in Assets and a decrease in Stockholders' Equity O b. an increase in Assets and an increase in Liabilities O c. a decrease in Assets and a decrease in Liabilities O d. an increase in Assets and an increase in Stockholders' Equity 8,000

The following entry was journalized in the books of Brighty Company: Jan. 12 Inventory 8,000 Accounts Payable-HST, Inc. 8,000 Purchased inventory on account. What is the impact of this entry on the accounting equation? a. a decrease in Assets and a decrease in Stockholders' Equity b. an increase in Assets and an increase in Liabilities c. a decrease in Assets and decrease in Liabilities d. an increase in Assets and an increase in Stockholders' Equity