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Describe 3 differences and 3 similarities between REA diagram and ER diagram . What is an explanation of what each diagram stands for and why

Describe 3 differences and 3 similarities between REA diagram and ER diagram. What is an explanation of what each diagram stands for and why, the effect of both diagrams on company's financial statement and the implications of using one diagram over the other and vice versa. Please do not use word for word from your resources! THANKS!!

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