What is the effect on the basic accounting equation of the cash payment of accrued interest payable previously accrued Increase assets, increase liabilities Decrease assets, decrease liabilities Decrease assets, increase liabilities Increase liabilities, decrease stockholders' equity Decrease liabilities, increase stockholders' equity

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What is the effect on the basic accounting equation of the cash payment of accrued interest payable previously accrued? Increase assets, increase liabilities Decrease assets,

What is the effect on the basic accounting equation of the cash payment of accrued interest payable previously accrued?

		Increase assets, increase liabilities
		Decrease assets, decrease liabilities
		Decrease assets, increase liabilities
		Increase liabilities, decrease stockholders' equity
		Decrease liabilities, increase stockholders' equity

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