The Even Manufacturing Company is located in Pittsburgh, Pennsylvania. It has a reasonably simple purchasing system that

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The Even Manufacturing Company is located in Pittsburgh, Pennsylvania. It has a reasonably simple purchasing system that works as follows: The raw materials inventory manager notifies purchasing when the inventory falls below the reorder point. The purchasing department then issues a purchase order to the proper supplier. When the goods are received, they are counted and the packaging slip is matched against a copy of the purchase order. At the end of the month, the billing department checks to make sure that all adequate documentation is present and produces a payment voucher.

The payment voucher is processed by a cash disbursements clerk, who prepares a check to be signed by the treasurer. The treasurer's office forwards the check to the vendor.

Required 

Describe all major documents involved in the Even Company's purchasing system.

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Accounting Information Systems

ISBN: 9780130861771

8th Edition

Authors: George H. Bodnar, William S. Hopwood

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