Excel is a useful tool for performing quantitative analysis

Under the GLB Act, regulated by Regulation P, customers must receive a financial institution's privacy notice ____ for as long as the customer relationship lasts.

Fill in the blank(s) with the appropriate word(s).

Fitch Supply Services received $1,000 cash from a customer; the amount was owed to the business from the previous month. What is the effect of this transaction on the accounting equation?

A) Accounts Receivable increases and Service Revenue increases B) Cash increases and Accounts Receivable decreases C) Cash increases and Service Revenue increases D) Cash increases and Accounts Payable decreases