Thunder Splash Water Park (TSWP) offers customers the opportunity to cool off and play on water slides and in various swimming pools when the weather is hot. Customers may purchase daily tickets or annual passes. TSWP's main resources are fixed assets such as slides, pools, and buildings that house concession stands and restrooms. Employee labor is also a major resource for TSWP, as employees are needed to run the ticket booth, concession stands, and water slides, and to serve as lifeguards at the pools. TSWP contracts with outside suppliers for asset maintenance services. An independently wealthy entrepreneur owns TSWP and has never needed any outside source of funding.
Required:
Create a value system level REA model for Thunder Splash Water Park

Question

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The Answer of Thunder Splash Water Park (TSWP) offers customers the opportunity to cool off and play on water slides and in various swimming pools when the weather is hot. Customers may purchase daily tickets or annual passes. TSWP's main resources are fixed assets such as slides, pools, and buildings that house concession stands and restrooms. Employee labor is also a major resource for TSWP, as employees are needed to run the ticket booth, concession stands, and water slides, and to serve as lifeguards at the pools. TSWP contracts with outside suppliers for asset maintenance services. An independently wealthy entrepreneur owns TSWP and has never needed any outside source of funding.
Required:
Create a value system level REA model for Thunder Splash Water Park

Thunder Splash Water Park (TSWP) Offers Customers the Opportunity to Cool