After Artie Company Had Completed All Posting for the Month

question 124

Essay

After Artie Company had completed all posting for the month of December, the sum of the balances in the following accounts payable subsidiary ledger did not agree with the balance of the control account in the general ledger.


The balance in the Accounts Payable control account of $37,380 has been verified as correct. Also assume that the journals references in the Post Ref. columns of the accounts payable subsidiary ledger have been verified as correct.
Instructions
Determine the errors in the preceding accounts payable subsidiary accounts and prepare a corrected schedule of accounts payable.

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Definitions:

Episodic Memory

Of events that happen to a person or that take place in the person’s presence.

Autobiographical Memory

The aspect of memory that involves the recollection of personal experiences and events from an individual's life.

Recall

The process of retrieving information from memory without the aid of cues.

Retrieval

The location of stored information and its return to consciousness; the third stage of information processing.