Prepare an REA diagram for a Law Firm using the following assumptions: We offer many services to our clients, such as preparation of wills, divorce papers, income tax returns, contracts, representation in court, etc. A client might purchase more than one service at the same time, so all services purchased at one time will appear on the same invoice. Each invoice is prepared by one clerk and approved by one lawyer (both are in the Employee table). At the end of each month, our Accounts Payable clerk sends to each client a monthly statement containing each invoice created during the month. The customer is expected to make one payment for the entire monthly statement. When the check comes in, our Cash Receipts clerk deposits it into one of our (several) bank gow air solovni signia s of silqgs ins accounts. 101 tos ne 20m 15molaus ar sodw Ins If each service has a set hourly rate and might take different amounts of time for different clients, where would you store the hourly rate and where would you store how many hours we worked on a specific service for a client?
Prepare an REA diagram for a Law Firm using the following assumptions: We offer many services to our clients, such as preparation of wills, divorce papers, income tax returns, contracts, representation in court, etc. A client might purchase more than one service at the same time, so all services purchased at one time will appear on the same invoice. Each invoice is prepared by one clerk and approved by one lawyer (both are in the Employee table). At the end of each month, our Accounts Payable clerk sends to each client a monthly statement containing each invoice created during the month. The customer is expected to make one payment for the entire monthly statement. When the check comes in, our Cash Receipts clerk deposits it into one of our (several) bank gow air solovni signia s of silqgs ins accounts. 101 tos ne 20m 15molaus ar sodw Ins If each service has a set hourly rate and might take different amounts of time for different clients, where would you store the hourly rate and where would you store how many hours we worked on a specific service for a client?
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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Transcribed Image Text:Prepare an REA diagram for a Law Firm using the following assumptions: We offer
many services to our clients, such as preparation of wills, divorce papers, income tax
returns, contracts, representation in court, etc. A client might purchase more than one
service at the same time, so all services purchased at one time will appear on the same
invoice. Each invoice is prepared by one clerk and approved by one lawyer (both are in
the Employee table). At the end of each month, our Accounts Payable clerk sends to each
client a monthly statement containing each invoice created during the month. The
customer is expected to make one payment for the entire monthly statement. When the
check comes in, our Cash Receipts clerk deposits it into one of our (several) bank
gow air solovni signia s of silqgs ins
accounts.
101 tos
ne 20m 15molaus ar sodw Ins
If each service has a set hourly rate and might take different amounts of time for different
clients, where would you store the hourly rate and where would you store how many
hours we worked on a specific service for a client?
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