Question: Why does Figure show only one cash disbursement entity if Freds Train Shop uses a general operating checking account for purchases of inventory, supplies, and
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Suppliers Order Inventory Take Customer Order Customer Employees H Inventory Employee Salesperson Receive Inventory Sales Customer Supplier Employee Cashier) Disburseo Receive Cash Cashier] O Cash CashH Employees as Poyee) Time Worked Employee Time Employee Supervisor) FIGURE 18-4 Integrated REA Diagram for Fred's Train Shop
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REA models do not represent actual physical accounts but types of accounts Th... View full answer
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