Identify and explain the primary issue in the data set


Problem: Fluffy allows their customers to pay in installments. In the current system, sales orders and payments are recorded in two separate files. The Sales Orders file records the amount the customer owes Fluffy and the payments that have been received. The Cash Receipts file records all payments received. Samples of both files are shown here Questions:

1. Identify and explain the primary issue in the data set.

2. Describe how you would reorganize the data to enable the calculation of accounts receivable.

 

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Accounting Basics: Identify and explain the primary issue in the data set
Reference No:- TGS03417890

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