Explore BrainMass

Explore BrainMass

    REA diagram with cardinalities, for Joe's revenue cycle

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    Joe's is a small ice-cream shop located near the local university's baseball field. Joe's serves walk-in customers only. The shop carries 26 flavors of ice cream. Customers can buy cones, sundaes, or shakes. When a customer pays for an individual purchase, a sales transaction usually includes just one item. When a customer pays for a family or group purchase, however, a single sales transaction includes many different items. All sales must be paid for at the time the ice cream is served. Joe's maintains several banking accounts but deposits all sales receipts into its main checking account.

    Draw an REA diagram, complete with cardinalities, for Joe's revenue cycle.

    © BrainMass Inc. brainmass.com June 4, 2020, 2:06 am ad1c9bdddf
    https://brainmass.com/business/accounting/rea-diagram-cardinalities-revenue-cycle-439131

    Attachments

    Solution Summary

    Joe's is a small ice-cream shop located near the local university's baseball field. Joe's serves walk-in customers only. The shop carries 26 flavors of ice cream. Customers can buy cones, sundaes, or shakes. When a customer pays for an individual purchase, a sales transaction usually includes just one item. When a customer pays for a family or group purchase, however, a single sales transaction includes many different items. All sales must be paid for at the time the ice cream is served. Joe's maintains several banking accounts but deposits all sales receipts into its main checking account.

    Draw an REA diagram, complete with cardinalities, for Joe's revenue cycle.

    $2.19

    ADVERTISEMENT