A transaction has been recorded in the general journal of Deluty Company as follows: 600 Unearned revenue Consulting revenue 600 Which of the following describes the effect of this transaction on the company's financial statements? Multiple Choice Increases stockholders' equity Increases liabilities Decreases assets Which of the following describes the effect of this transaction on the company's financial statements? Multiple Choice Increases stockholders' equity Increases liabilities Decreases assets . Increases assets