Question 3 1 points Save If a comparty uses 51,300 of its cash for Equipment, the effect on the accounting equation would be: O A Assets increase $1,200 and liabilities increase 51,300 OB A Assets decrease $1,300 and equity decreases 1,300 OC Assets increase $1.300 and liabilities decrease $1.300 OD. One asset Increases $1,300 and another asset decreases $1,300, causing no effect