A company received a utility bill for $1,100, which it will pay next month. How does this transaction affect the accounting equation? Add $1,100 to Stockholders' Equity and add $1,100 to Assets. Add $1,100 to Assets and subtract $1,100 from Stockholders' Equity. Add $1,100 to Liabilities and subtract $1,100 from Stockholders' Equity Subtract $1,100 from Assets and add $1,100 to Liabilities