Geek Talk Computers, Inc. sells computers that are assembled from parts and software which Geek Talk purchases from third-party vendors. Geek Talk Computers also performs computer repair and consulting. Geek Talk Computers serves both individuals and small businesses. Sales orders are handled by the Sale Clerk after the customer order is received. Once inventory availability is verified, the order is prepared by a Warehouse Clerk and delivered to the customer on-site by the Sales Clerk or by a Delivery Driver otherwise. If the entire order cannot be filled, the items which are available are delivered and the remaining items are delivered when they become available at a later time. Computer repairs and consulting are performed by a technician.
Individual customers must pay for sales with cash or check at the time of sale. Business customers can buy on account if approved for a credit sale. These business credit customers pay for each sale based on the invoice sent after each order is delivered or repair/consulting service is performed. All cash receipts are processed by a Cash Receipts Clerk. All customer receipts are deposited in the checking account on a daily basis.
Using the information provided for Geek Talk Computers, Inc. prepare an REA Data Model for the Revenue Cycle
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