How Does Normalization Resolve the Data Integrity Problem

question 91

Essay

How does normalization resolve the data integrity problem?

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Definitions:

Liabilities

The sum of all debts and financial commitments a company owes to external parties, appearing on the company's balance sheet.

Normal Balances

The side (debit or credit) on which increases to the account are recorded, depending on the account type.

Expense Account

An account used to track money spent or costs incurred in the operation of a business, contributing to the overall expenses.

Owner's Capital

The total equity or financial contribution provided by the owner(s) of a business.