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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?

Understanding Business
Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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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?
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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