Waterway Diner received a bill of $750 from the Pina Wine Advertising Agency. The owner, K.T. Lang, is postponing payment of the bill until a later date. The effect on specific items in the basic accounting equation is a decrease in Cash and an increase in Owner's Capital 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