If a company receives $11,100 from a client for services provided, the effect on the accounting equation would be Multiple Choice Assets decrease $11,100 and equity decreases $11,100. Assets increase $11,100 and liabilities decrease $11,100, Assets increase $11,100 and liabilities increase $11,100. Liabilities increase $11,100 and equity decreases $11,100. Assets increase $11,100 and equity increases $11,100