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Abby and Emma Schafer founded Schafer Lemonade Stand (LS). They have an exclusive provider agreement with a local private golf course (where their mom is
Abby and Emma Schafer founded Schafer Lemonade Stand (LS). They have an exclusive provider agreement with a local private golf course (where their mom is on the board of directors). LS offers many flavors of lemonade including blackberry, blueberry, cherry, cinnamon, fuzzy navel, grape, green apple, kiwi, lemon, lemon lime, lime, orange, orange pineapple, peach, peppermint, red raspberry, strawberry, strawberry banana and watermelon. Directions: Question one: I need a flowchart diagram of the description below. Question two: I need an Entity Relationship (ER) diagram of the description below. The golf course manager sends out the member's statement and collects the payments. The cash receipts system begins when the golf course returns the remittance advice and the check for each member's purchases. The golf course is sent 10% of the total lemonade sales as a service charge and rent for the lemonade stand. The mail clerk receives the checks and remittance advices. These documents are reconciled and used to prepare two copies of a remittance list. A copy of the remittance list is sent to the controller. The remaining copy is sent to the treasury with the checks and the remittance advices. The treasury clerk uses the copy of the remittance list and the remittance advices to update cash received and accounts receivable. The remittance list and the remittance advices are filed. The treasury clerk also prepares a deposit slip. The treasury clerk takes the deposit slip to the bank with the checks for deposit. The deposit slip receipt from the bank is filed. Abby and Emma Schafer founded Schafer Lemonade Stand (LS). They have an exclusive provider agreement with a local private golf course (where their mom is on the board of directors). LS offers many flavors of lemonade including blackberry, blueberry, cherry, cinnamon, fuzzy navel, grape, green apple, kiwi, lemon, lemon lime, lime, orange, orange pineapple, peach, peppermint, red raspberry, strawberry, strawberry banana and watermelon. Directions: Question one: I need a flowchart diagram of the description below. Question two: I need an Entity Relationship (ER) diagram of the description below. The golf course manager sends out the member's statement and collects the payments. The cash receipts system begins when the golf course returns the remittance advice and the check for each member's purchases. The golf course is sent 10% of the total lemonade sales as a service charge and rent for the lemonade stand. The mail clerk receives the checks and remittance advices. These documents are reconciled and used to prepare two copies of a remittance list. A copy of the remittance list is sent to the controller. The remaining copy is sent to the treasury with the checks and the remittance advices. The treasury clerk uses the copy of the remittance list and the remittance advices to update cash received and accounts receivable. The remittance list and the remittance advices are filed. The treasury clerk also prepares a deposit slip. The treasury clerk takes the deposit slip to the bank with the checks for deposit. The deposit slip receipt from the bank is filed
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