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A company issued 1,000 shares of common stock for $10,000. What is the impact to the accounting equation? Increase in an asset in total and

A company issued 1,000 shares of common stock for $10,000. What is the impact to the accounting equation?

  1. Increase in an asset in total and a decrease in an asset

  2. Increase in an asset and a decrease in a liability

  3. Increase in an asset and a decrease in equity

  4. Increase in an asset and an increase in equity

  5. Decrease in an asset and a decrease in equity

  6. No impact to the accounting equation

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