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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.
Textbook 
College Accounting: A Practical Approach
Edition: 13th
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The controlling account, Accounts Payable, and the accounts payable subsidiary ledger have normal credit balances and must be balanced to each other at the end of the month. They both represent the amount owed to creditors.

The controlling account contains summary entries made at the month-end from the purchases journal, cash payments journal, and the general journal. The accounts payable ledger is a book or file that lists alphabetically the amounts owed to creditors from purchases on account. Information is posted daily from the purchases journal, cash payments, and general journal to provide the current status of the accounts balances.

The controlling account and the accounts payable subsidiary ledger balance will not agree during the month because the control account is posted from the totals of the purchases and cash payment journals, but the accounts payable ledger is posted daily to individual creditors.
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