Accy

ACCY 231 Information Systems for Accounting Spring 2010 Background Materials for the Course subsidisation Data Models and relative Databases 1. REA plot    REA diagram is a theoretical account specific whollyy knowing for building accounting information systems in a shared out data environment base on the ERD technique. Compvirtuosonts in an REA diagram: Resources: Things that have stinting mensurate to a beau monde, such as cash and inventory. Events: discordant business processes conducted in a companys periodical operations, such as sales and purchases. Agents: multitude and organizations, such as customers and salespeople, who p guileicipate in business events. A general linguistic rule: each scotch event should be linked to at least one sparing option and two economic agents. The relationship shown between the two economic events is referred to as an economic duality relationship. The causal relationship occurs as a moderate of a give and a wal k out happening. 2. REA of a Revenue Cycle 3. Example Cherokee Art and Antique  lay in away     Background The Cherokee Art and Antique Store sells master copy ruse and outmoded pieces. Its owner, Jesse Lewis, started the store started the store in 1990 in a small town with a rich aboriginal American culture.

Jesse caries original 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 price for the art/ antique item. Then, Jesse sets a sale price and he takes a serving of the sale price a! s his commission. He displays all the visible(prenominal) pieces in the store. So far, Jesse has carried only original pieces of art and blind and antiques- no two are the same. Jesse has no employees to help him. Jesse takes annihilate of all selecting, buying, and selling himself. Cherokees Revenue Cycle on the whole sales occur in the store. Sales to customers brood of one or more 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: BestEssayCheap.com

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