You are the owner of the Hollywood Bakery. Your bakery owes Berry Foods $3,000 on account. When your bakery pays the debt, the transaction recorded on Berry Foods' books will:

		decrease an asset $3,000 and decrease a liability $3,000.
		increase an asset $3,000 and decrease a liability $3,000.
		increase an asset $3,000 and decrease an asset $3,000.
		not change anything as this is not a transaction for Berry Foods