When we close the Sales Return, we must Oh. Debit Sales Return O b. Credit RE OC. Debit Sales O d. Debit RE Clear my choice Company A owes company B $1,000 on account. When company A pays the debt, the transaction recorded on compare's books will a. increase an asset $1,000 and decreases an asset $1,000 O b. decrease an asset $1,000 and decrease a liability $1,000 C increase an asset $1,000 and decrease a liability $1,000 Od decrease a liability $1,000 and increase stockholders equity $1,000