RJL Wholesalers
RJL Wholesalers is owned by a single owner, RJ L. Smith. The company buys ice cream from various vendors and then sells the ice cream to independent ice cream shops. There is no conversion process, only a purchasing and selling process. The owner has three people working directly underneath him, the marketing manager, the logistics manager, and the controller. The marketing manager is in charge of making sales calls to prospective and current customers. The multiple salespeople who work underneath the marketing manager prepare the sales invoice after a customer has placed their order over the phone. The logistics manager is in charge of all deliveries that go in and out of the company. Working underneath him is the delivery person who delivers the ice cream to their customers. The controller is in charge of the accounting department, makes all the deposits in the bank for the company, and writes off bad debt expense at the end of each year. Underneath the controller are the accounts clerk and the cashier. The accounts clerk makes all the journal entries in the sales journal, accounts receivable journal, and cash receipts journal. The cashier receives all payments, endorses checks, and enters receipts into the cash receipts prelist. (See Organizational Chart)
After the marketing manager has successfully convinced a customer to make a purchase, a salesperson prepares a sales invoice. The salesperson consults the current price list at this point and conveys the total purchase amount to the customer. The salesperson then checks the inventory levels and notes items that are out of stock and will have to be shipped later. Then a bill of lading is prepared and given to the delivery person along with the sales invoice. ...