Collection of a $1,000 Accounts Receivablle:. a. increases an asset $1,000; decreases an asset $1,000.
b. increases an asset $1,000; decreases a liability $1,000.
c. decreases a liability $1,000; increases stockholders' equity $1,000.
d. decreases an asset $1,000; decreases a liability $1,000.

a. increases an asset $1,000; decreases an asset $1,000.

Explanation: If an individual asset is increased, then it is possible there could be an equal decrease in another asset. Accounts receivable is the total monetary amount owed to a financial entity due to debts arising from sales on credit or on account. A collection of a $1,000 Accounts Receivable increases an asset $1,000; decreases an asset $1,000.

anjan should should report alteast 5000 on the first apyment and 10,000 each year

explanation: