Venus Inc. paid $5,000 for account payable. How does this transaction affect the accounting equation of Venus? A) Assets decrease by $5,000 and equity increases by $5,000 B) Assets decrease by $5,000 and liabilities decrease by $5,000 C) Assets increase by $5,000 and equity decreases by $5,000 D) Assets increase by $5,000 and liabilities increase by $5,000 The assets of Moon Company are $150,000 and liabilities are $90,000. The equity will be: A) $180,000. B) $300,000