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You receive the following requirements for a caterer's database: For a customer, store a customer ID, last name, first name, billing address, and phone number
For an order, store an order number, order date, event date, customer ID, description of services, and total price for services
When designing this database, which step do you take first?
Expense Account
An account where businesses track costs incurred during operations, often related to employees' business-related expenses.
Chart of Accounts
The Chart of Accounts is a systematic list of all accounts used by an organization, essential for classifying and organizing financial transactions within the general ledger.
Expense Account
An account where costs associated with the operations of a business, such as rent, utilities, and salaries, are recorded.
Asset Account
An account that represents a tangible or intangible item of value owned by a company, such as cash, inventory, or equipment.
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