Answered: REA DIAGRAMS A Auto Inventory o Sell B…

Business

Accounting

REA DIAGRAMS A Auto Inventory o Sell B Auto Inventory + Sell C Auto Inventory + Sell D Auto Inventory + Sell

Quickbooks Online Accounting

3rd Edition

ISBN:9780357391693

Author:Owen

Publisher:Owen

Chapter5: Operating Activities: Purchases And Cash Payments

Section: Chapter Questions

Problem 2.6C

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Question

Bentley Restorations Company restores and sells topend classic and antique automobiles. Most of its customers are private collectors, but some are investors who buy multiple cars and hold them for resale. Bentley extends no credit terms. All sales are for cash.
Which of the relationships in the diagram properly models the entity associations for Bentley Restorations? Explain your answer.

REA DIAGRAMS
A Auto Inventory o
Sell
B Auto Inventory +
Sell
C Auto Inventory +
Sell
D Auto Inventory +
Sell

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