Search for Unrecorded Liabilities. The list of vouchers payable for Potter's Magic Shoppe at December 31 is as follows:

Required:
a. Prepare an audit plan for the audit of unrecorded liabilities for Potter's Magic Shoppe. 

b. Prepare an adjusting journal entry to correct accounts payable. Potter's maintains perpetual inventory records and the inventory was counted and adjusted on December31.

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Vendor Hagrid Cieaning Services Hermione's Hats Lockhart Magic Books Malfoy Financial Consultants McGonagall Veterinary Supplies Moaning Myrtle's Mystical Capes Nicholas Fancy Headwear Snape's Snakes Weasley's Wands Hogwart's Rentals Invoice Date 12102 12/31 12/28 12123 10/14 12/29 12/28 12/28 12/15 Amount S 4322.43 2,167.76 6,489.11 23,75263 4,590.60 11,529.88 51,268.62 36,15245 6,400.55 53,000.00 $199,674.03 Total vouchers payable Check Number 1842 1843 Checks written in the following January ane: Payee Malfoy Financial Consultants Hagrid Cleaning Description Professional services October monthly invoice Date Amount $23,752.63 4,322.43 12/28 cleaning 1844 1845 1846 Services Hogwart's Rentals Lockhart Magic Books Dudley Pastries 1215 12/31 1/15 January rent 53,000.00 6,489.11 6,300.00 Catering for office Christmas party 1847 1848 1849 Weasley's Wands Rowlin s Enterprises McGonagall Veterinary Supplies Nicholas Fancy Headwear Weasley's Wands Hermione's Hats Lockhart Magic Books Hagrid Cleaning 12/28 6,400.55 Trademank 10,000.00 4590.60 51,268.62 Inventory 12/23 1850 Inventory 12/29 1851 1852 1853 1854 Inventory 12/31 12/02 12/31 12-15 6400.55 2,167.76 5,932.89 4,322.43 Inventory November monthly cleaning Service Malfoy Financial Consultants 1855 1/28 13,888.56 ProfessIonal services