A typical sales forecast, though concerned with future events, will usually be based on recent historical trends and events as well as on forecasts of economic prospects.
Answer the following statement true (T) or false (F)
True
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At common law, a minor was a person who was under the age of twenty-one years
a. True b. False Indicate whether the statement is true or false
A(n) ____________________ is a reduction in price of a retail item
Fill in the blank(s) with correct word
Big Data
a. relies on the use of structured data b. captures data in whatever format it naturally exists c. relies on the use of unstructured data d. imposes a structure on data when it is captured
Mullis Company sold merchandise on account to a customer for $625, terms n/30. The journal entry to record the collection on account would be:
A. Debit Cash of $625 and credit Accounts Receivable $625. B. Debit Sales $625 and credit Accounts Receivable $625. C. Debit Accounts Receivable $625 and credit Cash $625. D. Debit Cash of $625 and credit Sales $625. E. Debit Accounts Receivable $625 and credit Sales $625.