Accy

ACCY 231 Information Systems for Accounting Spring 2010 Background Materials for the Course concession 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 found on the ERD technique. Compvirtuosonts in an REA diagram: Resources: Things that have stinting apprize to a beau monde, such as cash and inventory. Events: diverse business processes conducted in a companys mundane operations, such as sales and purchases. Agents: multitude and organizations, such as customers and salespeople, who p guileicipate in business events. A general hold: each economical event should be linked to at least one economic 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 dissolver of a give and a walk out happening . 2. REA of a Revenue Cycle 3. Example Cherokee Art and Antique  stack away away     Background The Cherokee Art and Antique Store sells archetype ruse and outmoded pieces. Its owner, Jesse Lewis, started the store started the store in 1990 in a small town with a rich infixed 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 as his commission! . He displays all the visible(prenominal) pieces in the store. So far, Jesse has carried only original pieces of art and swop and antiques- no two are the same. Jesse has no employees to help him. Jesse takes carry off of all selecting, buying, and selling himself. Cherokees Revenue Cycle on the whole sales occur in the store. Sales to customers comprise 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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