Create a an REA model including cardinalities for the Revenue Cycle of Fanny's Ice Cream Shoppe described
Question:
Create a an REA model including cardinalities for the Revenue Cycle of Fanny's Ice Cream Shoppe described below. Create the REA model by using Lucid Chart (LucidChart.com). Please see the link in this content folder for using Lucid Chart to create an REA model and also the Lucid Chart folder under the Course Content in Blackboard with many resources for using Lucid Chart. You will need to use the ERD(Entity-Relationship Diagram) template to create the REA modeling Lucid Chart. Submit your completed REA model as a pdf file and upload it for grading using this assignment tool.
Fanny's Ice Cream Shoppe is a small ice-cream shop located near a small university. Fanny's serves walk-in customers only. The shop carries 32 flavors of ice cream. Customers can buy cones, cups, sundaes, or shakes. When a customer pays for their purchase, a sales transaction can include just one item or if they pay for a family or group purchase, a single sales transaction includes many different items. All sales must be paid for at the time the ice-cream is served. Fanny’s maintains several banking accounts but deposits all sales receipts into its main checking account.
Auditing and Assurance Services
ISBN: 978-0077862343
6th edition
Authors: Timothy Louwers, Robert Ramsay, David Sinason, Jerry Straws