ASU Home My ASU How does a debit to cash and a credit to unearned revenue affect the accounting equation? An increase in Assets and another increase in Assets O No net change. Assets are both increased and decreased O Increase in Assets and an increase in Liabilities An increase in Assets and another increase in Stockholders' Equity Question 12 0.5 pts How does a debit to unearned revenue and a credit to revenue affect the accounting equation? O An Increase in Liabilities and an increase in Stockholders' Equity O Decrease in Liabilities and an increase in Stockholders' Equity O No net change. Assets are both increased and decreased o Increase in Assets and an increase in Stockholders' Equity