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 Grading Rubric Analyzed the given situation in the IP 50% Additional research supporting the initial answer to the IP 40% Justified ideas and responses by using appropriate examples and references from texts, Web sites, and other references or personal experience 10% Please submit your assignment. For assistance with your assignment, please use your text, Web resources, and all course materials. Unit Materials Unit 5 Course Materials
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