Xola has a curios shop where he sells traditional handmade crockery and utensils to customers. All customers,

Question:

Xola has a curios shop where he sells traditional handmade crockery and utensils to customers. All customers, walk-in as well as corporate, pay for their purchases in full at the time of the sale. Xola keeps track of all his customers and, at this stage, does not track potential customers. He has a single bank account for his business and all business-related transactions.


REQUIRED

Draw an REA diagram for the revenue cycle of Xola’s business. Include all entities and cardinalities.

Step by Step Answer:

Related Book For  book-img-for-question

Accounting Information Systems

ISBN: 9781292353364

15th Global Edition

Authors: Marshall B. Romney, Paul J. Steinbart

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