Why are traditional accounting events such as recording a transaction in a journal or posting to ledgers

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Why are traditional accounting events such as recording a transaction in a journal or posting to ledgers not modeled in REA diagrams?

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Accounting Information System

ISBN: 9781439078570

7th Edition

Authors: James A. Hall

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Question Posted: Nov 28, 2012 07:32 AM

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Why are journals and ledgers not modeled in an REA diagram?
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Why are traditional accounting events such as recording a transaction in a journal or posting to ledgers

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REA modeling focuses on value chain activities those that use cash to obtain resources su...View the full answer

Accounting Information System

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