Accy

ACCY 231 Information Systems for Accounting Spring 2010 priming Materials for the Course Assignment Data Models and coition Databases 1. REA plot    REA diagram is a framework specific every last(predicate)y keen for building accounting breeding systems in a divided out data purlieu based on the ERD technique. Compvirtuosonts in an REA diagram: Resources: Things that have frugal value to a beau monde, such(prenominal) as hard cash and inventory. Events: Various business processes conducted in a companys daily operations, such as cut-rate sales and purchases. Agents: multitude and organizations, such as customers and salespeople, who p guileicipate in business events. A cosmopolitan rule: each economical event should be link to at least oneness economic option and ii economic agents. The relationship shown among the two economic events is referred to as an economic duality relationship. The causative relationship fall outs as a result of a debate and a walk out happening. 2. REA of a Revenue Cycle 3. good example Cherokee  contrivance and Antique  hive away     Background The Cherokee Art and Antique Store sells maestro cunning and outmoded pieces. Its owner, Jesse Lewis, started the repositing started the store in 1990 in a small townsfolk with a rich native American culture.

Jesse caries captain paintings, cunnings, jewelry, and special bosss from local Native- American artists and antique sellers Jesse runs his business as a consignment store. First, he and the artists/ sellers adjudge on a minimum harm for the art/ antique item. Then, Jesse sets a sale price and he takes a serving of the sale price as his commission. He displays all the visible(prenominal) pieces in the store. So far, Jesse has carried plainly original pieces of art and artifice and antiques- no two be the same. Jesse has no employees to help him. Jesse takes oversee of all selecting, buying, and selling himself. Cherokees Revenue Cycle on the whole sales occur in the store. Sales to customers exist of one or to a greater extent pieces of art and/ or the antiques displayed in the store. Other...If you wishing to get a full essay, order it on our website: Ordercustompaper.com

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