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Individual Project The REA Approach

Sun, 9/25/16

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150

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1-2 pages

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Assignment Details

 

Assignment Description

 

There are differences between a REA diagram and an ER diagram. In a 1-2 page paper, describe at least 3 differences and 3 similarities between the two diagrams.

Your paper should include the following:

  • An explanation of what each acronym stands for and why
  • Effects (of both REA and ER diagrams) on company's financial statements
  • Implications of using one diagram over the other and vice versa

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