Today, Cedar Park Company paid $600 of its accounts payable in cash. What is the effect on the accounting equation? A) Assets, $600 decrease; liabilities, $400 increase; equity, $200 decrease. B) Assets, $600 decrease; liabilities, $600 decrease; equity, no effect. OC) There is no effect. D) Assets, no effect; liabilities, $600 decrease; equity, $400 increase. E) Assets, $600 increase; liabilities, no effect: equity, $600 increase