htmi Help Save & Exit Submi If a company receives $11,600 from i ts sole stockholder to establish a corporation, the effect on the accounting equation would be Mulbiple Choice Assets decrease $11,600 and equity decreases S11)500 Assets increase $11,600 and iabilities decrease StuG00 Assees incease $11 600 and labes increase $11 600 Liabilities increase Sm600 and equity decreases S600