On December 1, a company pays $3,600 for a 36-month insurance policy. After one month, accrual accounting requires $
(100/3,600) of insurance expense be reported on the income statement ending December 31. However, if cash basis accounting is used, $
(100/3,600) of insurance expense would be reported at the time of purchase.
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Ответ:
This includes creating tables and establishing relationships between those tables according to rules designed both to protect the data and to make the database more flexible by eliminating redundancy and inconsistent dependency.