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Suppose that you are the stakeholder of software project for the Sahana. Your team has identified the requirements of what the software (i.e. Sahana software)

Suppose that you are the stakeholder of software project for the Sahana. Your team has identified the requirements of what the software (i.e. Sahana software) must do, which include its behaviour, data, constraints (e.g., schedule, cost and environment), properties (e.g., reliability, efficiency) and interfaces to hardware and other software. Various sub-systems have been developed, as listed as EIGHT (8) components at the Tables 1 and 2 (page 64) in article [2]. 

Refer to any FOUR (4) sub-systems of Sahana, as stated in article [2], compose the Software Requirements document based on the following adapted IEEE's skeleton. 


1. Introduction 

1.1. Purpose of the requirements document 

1.2. Scope of the product 

1.3. Definitions, acronyms and abbreviations 

1.4. References 

1.5. Overview of the remainder of the document 

2. General description 

2.1. Product perspective 

2.2. Product functions 

2.3. User characteristics 

2.4. General constraints 

2.5. Assumption and dependencies 

3. Specific requirements for each component of Sahana =

4. Appendices (detailed diagrams and graphics for supporting your answers) 

Steve Reese is a well-known Interior designer In Fort Worth, Texas. He wants to start his own business and convinces Rob O'Donnell, a local merchant, to contribute the capital to form a partnership. On January 1, 2022, O'Donnell Invests a building worth $106,000 and equipment valued at $48,000 as well as $46,000 in cash. Although Reese makes no tangible contribution to the partnership, he will operate the business and be an equal partner in the beginning capital balances. To entice O'Donnell to join this partnership, Reese draws up the following profit and loss agreement: O'Donnell will be credited annually with Interest equal to 20 percent of the beginning capital balance for the year. O'Donnell will also have added to his capital account 15 percent of partnership Income each year (without regard for the preceding Interest figure) or $6,000, whichever is larger. All remaining Income is credited to Reese. Neither partner is allowed to withdraw funds from the partnership during 2022 Thereafter, each can draw $8,000 annually or 20 percent of the beginning capital balance for the year, whichever is larger. The partnership reported a net loss of $9,000 during the first year of its operation. On January 1, 2023, Terri Dunn becomes a third partner in this business by contributing $30,000 cash to the partnership. Dunn receives a 20 percent share of the business's capital. The profit and loss agreement is altered as follows: O'Donnell is still entitled to (1) Interest on his beginning capital balance as well as (2) the share of partnership Income just specified. Any remaining profit or loss will be split on a 5:5 basis between Reese and Dunn, respectively. Partnership Income for 2023 is reported as $76,000. Each partner withdraws the full amount that is allowed. On January 1, 2024, Dunn becomes ill and sells her interest in the partnership (with the consent of the other two partners) to Judy Postner. Postner pays $95,000 directly to Dunn. Net Income for 2024 is $73,000 with the partners again taking their full drawing allowance. On January 1, 2025, Postner withdraws from the business for personal reasons. The articles of partnership state that any partner may leave the partnership at any time and is entitled to receive cash in an amount equal to the recorded capital balance at that time plus 10 percent. Required: a. Prepare journal entries to record the preceding transactions on the assumption that the bonus (or no revaluation) method is used. Drawings need not be recorded, although the balances should be included in the closing entries. b. Prepare journal entries to record the previous transactions on the assumption that the goodwill (or revaluation) method is used. Drawings need not be recorded, although the balances should be included in the closing entries. Complete this question by entering your answers in the tabs below. Required A Required B Prepare journal entries to record the preceding transactions on the assumption that the bonus (or no revaluation) method is used. Drawings need not be recorded, although the balances should be included in the closing entries. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Round your answers to the nearest dollar amount. View transaction list Journal entry worksheet 1 2 3 4 5 6 7 Record the initial investment of assets by partners. 8 9 Note: Enter debits before credits. Date 01/01/2022 General Journal Debit Credit Show less

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