Question: What effect does this transaction have on the accounting equation for Menyuk Corporation? Two major stockholders deposit cash in Menyuk Corporation's bank account in return

What effect does this transaction have on the accounting equation for Menyuk Corporation?
Two major stockholders deposit cash in Menyuk Corporation's bank account in return for shares of stock in the company.
Question 6Select one:
Increase assets; Increase equity
Increase an asset; Decrease a different asset
Increase assets; Increase liabilities
Decrease assets; Decrease liabilities
Increase liabilities; Decrease equity
Decrease assets; Decrease equity

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