Answer:
Decrease the accounts receivable account in assets section of balance sheet by $1,000
Increase the cash account in assets section of balance sheet by $1,000
Explanation:
The Accounting equation for any entity is represented by the following equation:
Assets= Equity + Liability
When the entity receive any amount from customer in respect of the any credit sale made to him, the account receivable in the asset section will be decreased by the that amount and the cash section in the asset section will be increased by that amount.
In this case, Fitch supply services shall
Decrease the accounts receivable account in assets section of balance sheet by $1,000
Increase the cash account in assets section of balance sheet by $1,000
social media data may be considered a form of secondary data.
<h3>Why can we consider social media data a form of secondary data?</h3>
There are many different categories of data that may be used in data analytics. For instance, the contrast between qualitative and quantitative data is frequently used. You might also separate your data depending on aspects like sensitivity.
For instance, is it widely known or is it really private?
The source of the data is perhaps the most basic distinction between various forms of data. Are they, specifically, first-party, second-party, or third-party data? These essential data sources all contribute in some manner to the data analytics procedure.
To learn more about secondary data from given link
brainly.com/question/18118203
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Answer:
$13,800
Explanation:
Static budget report for the second quarter and for the year to date
PRODUCT LINE: BUDGET; ACTUAL; DIFFERENCE; REMARK
Guitar:The Edge 380,800 394,600
13,800 favorable
Production line = Guitar:The Edge
Budget =$380,800
Actual=394,600
Difference = 13,800
Remark : Favorable