If a company receives $11,300 from a stockholder, the effect on the accounting equation would be:
A. Assets increase $11,300 and liabilities decrease $11,300.
B. Liabilities increase $11,300 and equity decreases $11,300.
C. Assets decrease $11,300 and equity decreases $11,300.
D. Assets increase $11,300 and liabilities increase $11,300.
E. Assets increase $11,300 and equity increases $11,300.
Answer: E
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