Today. Cedar Park Company paid $600 of Its accounts payable in cash. What is the effect on the accounting equation? Multiple Choice Assets, no effect abies, $600 decrease equity, $400 Increase. Assets, $600 Increase; liabilities, no effect equity, 5600 Increase Assets, 5600 decrease dates, $400 Increase; equity, $200 decrease O Assets, 5600 decrease tabletes, 5600 decrease equity, no effect. There is no effect