Use the FASB Codification system (Part A) to answer several accounting questions. Please provide a summary of your solution in a professional document (i.e. memo) that outlines the solution for each accounting issue stated
The data analytics portion (Part B), you will use the Excel file called “Oakley Inc. AR Winter 2021”. The file consists of Customer Information, Accounts Receivable prior year data, Sales Transactions and Customer Payments for Oakley Inc. The purpose of this project is to have you analyze a large data set. You should be using formulas and Excel functions to analyze the information, you should not be doing analysis on a line by line basis. You should use a professional memo format (or professional formatting in Excel) and incorporate any relevant data via tables or charts to answer each question in the assignment. Your memo and/or supporting Excel data must address all of the questions in Part B, and you will be graded for both content accuracy and professionalism (meaning good formatting, proper grammar, headings to highlight each part of the assignment clearly, etc.).
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