Saturday 8 November 2014

Compare and contrast the controlling account Accounts Payable to the accounts payable subsidiary ledger


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3. Compare and contrast the controlling account Accounts Payable to the accounts payable subsidiary ledger. Discuss why the balance of the controlling account, Accounts Payable, does not equal the sum of the accounts payable ledger during the month.
*Begin each writing assignment by identifying the question number you are answering followed by the actual question itself (in bold type).
* Use a standard essay format for responses to all questions (i.e., an introduction, middle paragraphs and conclusion).
*Responses must be typed double-spaced, using a standard font (i.e. Times New Roman) and 12 point type size.
*350 - 500 words or 1 - 2 pages