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If a company receives $ 1 3 , 5 0 0 from a client for services provided, the effect on the accounting equation would be:

If a company receives $13,500 from a client for services provided, the effect on the accounting equation would be:
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Assets decrease $13,500 and equity decreases $13,500.
Assets increase $13,500 and liabilitles decrease $13,500.
Assets Increase $13,500 and liabilites increase $13,500.
Llabilites increase $13,500 and equity decreases $13,500.
Asata increase $13.500 and equity increases $3.500
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