Using the following, select the best answer indicating the effect of the transaction given below:$$

$$

BALANCE SHEET

INCOME STATEMENT

Event

Assets

$=$ Liabilities

$+$ Stockholders$$ Equity

$$ Revenues

Expenses$$

b$.$

Paid $$2,000$ cash for the monthly rent.

$$

$$

$$

$$

$$

The asset cash is decreased by $$2,000$ and$$rent expense is decreased by $$2,000,$ thereby increasing$$ total stockholders' equity

The asset cash is increased by $$2,000$ and$$ rent expense$$is increased by $$2,000,$ thereby decreasing$$ total stockholders' equity

The asset cash is decreased by $$2,000$ and the accounts payable is increased by $$2,000$

The asset cash is decreased by $$2,000$ and$$ rent expense is increased by $$2,000,$ thereby decreasing$$ total stockholders' equity.