Vaughn Diner received a bill of $730 from the Monty Wine Advertising Agency. The owner of Vaughn Diner, K. T. Lang, is postponing payment of the bill until a later date. The effect on specific items in the basic accounting equation for Voughn Diner is a decrease in Accounts Payable and an increase in Owner's Capital. an increase in Accounts Payable and a decrease in Owner's Capital. a decrease in Cash and an increase in Accounts Payable. a decrease in Cash and an increase in Owner's Capital