Why are journals and ledgers not modeled in an REA diagram?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 92% (14 reviews)
REA modeling focuses on value chain activities those that use cash to obtain resources suc...View the full answer
Answered By
Utsab mitra
I have the expertise to deliver these subjects to college and higher-level students. The services would involve only solving assignments, homework help, and others.
I have experience in delivering these subjects for the last 6 years on a freelancing basis in different companies around the globe. I am CMA certified and CGMA UK. I have professional experience of 18 years in the industry involved in the manufacturing company and IT implementation experience of over 12 years.
I have delivered this help to students effortlessly, which is essential to give the students a good grade in their studies.
3.50+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Accounting questions
-
How are journals and ledgers interrelated in an accounting system?
-
An REA diagram depicts the following agent entities: purchasing agent, receiving dock employee, cashier, inventory custodian, and suppliers. How many tables are needed to represent this REA diagram...
-
In what way are subsidiary ledgers and special journals replicated in accounting software?
-
Suppose you needed a material that could absorb heat without having its temperature increase very much. Would you choose aluminum or water? Make sure your explanation uses the concept of specific...
-
Use the following method to show that the torque on an irregularly shaped planar loop is given by Eq. (19- 13a). The irregular loop of current in part (a) Of the figure carries current I. There is a...
-
Let a1 and a2 be linearly independent vectors in R3, and let x be a vector in R2. (a) Describe geometrically Span(a1, a2). (b) If A = (a1, a2) and b = Ax, then what is the dimension of Span(a1, a2,...
-
What could be done to motivate employees yet establish training and development needs? Healthrus System had two goals for its annual employee performance evaluations: (1) to motivate employees to...
-
Financial information for Messersmith Company is presented below. Additional information: 1. Inventory at the beginning of 2014 was $118,000. 2. Total assets at the beginning of 2014 were $630,000....
-
1.George, age 50, has deductible medical expenses of $12,000 under the regular tax system and an AGI of $100,000. What are the tax consequences for computing George' AMTI? A.George's AMTI is not...
-
A faulty thermocouple in a carburizing heat-treatment furnace leads to unreliable temperature measurement during the process. Microstructure analysis from the carburized steel that initially...
-
What is view modeling?
-
Name the four basic forms of cardinality.
-
Budgets are useful only for small companies that can estimate sales with accuracy. Do you agree with this statement?
-
A very common type of debt is a mortgage of a home. One form of protection is mortgage insurance. Explain what this is and who is protected.Under pure expectation theory, what would be the 4-year...
-
Lays, in its new marketing strategy, challenged consumers to propose new creative flavors for potato chips. This challenge caught on in such a way that 3.8 million new flavors emerged in 3 months....
-
The government of Canada settled 25,000 government-sponsored Syrian refugees in Canada in a very short period of time ending in February, 2017. Often, these people were forced to leave their homes...
-
1. Define preferred stock and outline its distinctive features, including fixed dividends and higher claim on assets. 2. Explain the lower risk associated with preferred stocks compared to common...
-
Briefly discuss the role of marketing communications in value creation. Why are marketing communications so important?
-
A balloon is launched at sea level, where the air pressure is \(100 \mathrm{kPa}\). The density in the hot-air chamber is \(1.0 \mathrm{~kg} / \mathrm{m}^{3}\). What is the density of the air when...
-
Wimot Trucking Corporation uses the units-of-production depreciation method because units-of-production best measures wear and tear on the trucks. Consider these facts about one Mack truck in the...
-
The article "Evaluation of Mobile Mapping Systems for Roadway Data Collection" (H. Karimi, A. Khattak, and J. Hummer, Journal of Computing in Civil Engineering, 2000:168-173) describes a system for...
-
The following is a list of six control plans from this chapter or from Chapters 9 and 10. Control Plans A. Prenumbered checks B. Confirm customer accounts regularly C. Confirm input acceptance D....
-
The following is a list of six control plans from this chapter or from Chapters 9 and 10. Control Plans A. Prenumbered checks B. Confirm customer accounts regularly C. Confirm input acceptance D....
-
The following is a list of six control plans from this chapter or from Chapters 9 and 10. Control Plans A. Prenumbered checks B. Confirm customer accounts regularly C. Confirm input acceptance D....
-
cost pools: Assembly Department and Packaging Department. The following data have been compiled: ( Click the icon to view the data. ) Read the requirements. Compute the predetermined overhead...
-
The transactions relating to the formation of Blue Company Stores Incorporated, and its first month of operations follow.The firm was organized and the stockholders invested cash of $ 7 , 9 0 0 . The...
-
Question 4 : Mineral resources ( 1 3 marks, 2 0 minutes ) Alberta Corp is in the business of oil and gas exploration and production. During 2 0 2 1 , the Company explored two new sites. By the...
Study smarter with the SolutionInn App