The following entry is taken from the journal of a merchandising company: 6,000 Cost of Goods Sold Merchandise Inventory 6,000 What is the effect of this entry on the company's financial statements? Multiple Choice Assets and stockholders' equity increase. Assets and liabilities increase. Assets and stockholders' equity decrease. Multiple Choice Assets and stockholders' equity increase. Assets and liabilities increase. Assets and stockholders' equity decrease. Assets decrease and stockholders' equity increases