8.61 Search for Unrecorded Liabilities. The list of vouchers payable for Potter's Magic Shoppe at December...

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8.61 Search for Unrecorded Liabilities. The list of vouchers payable for Potter's Magic Shoppe at December 31 follows: Vendor Hagrid Cleaning Services Hermione's Hats Invoice Date Amount 11/15 $ 4,322.43 12/02 2,167.76 Lockhart Magic Books 12/31 6,489.11 Malfoy Financial Consultants 12/28 23,752.63 McGonagall Veterinary Supplies 12/23 4,590.60 Moaning Myrtle's Mystical Capes 10/14 11,529.88 Nicholas Fancy Headwear 12/29 51,268.62 Snape's Snakes 12/28 36,152.45 Weasley's Wands 12/28 6,400.55 Hogwart's Rentals Total vouchers payable Checks written in the following January are 12/15 53,000.00 $199,674.03 Check Number Payee Description Invoice Date Amount 1842 Malfoy Financial Consultants Professional services 12/28 $23,752.63 1843 Hagrid Cleaning Services October monthly cleaning 11/15 4,322.43 1844 Hogwart's Rentals January rent 12/15 53,000.00 1845 Lockhart Magic Books Inventory 12/31 6,489.11 1846 Dudley Pastries Catering for office Christmas party 1/15 6,300.00 1847 Weasley's Wands Inventory 12/28 6,400.55 1848 Rowlin' Enterprises Trademark 1/1 10,000.00 1849 McGonagall Veterinary Supplies Inventory 12/23 4,590.60 1850 Nicholas Fancy Headwear Inventory 12/29 51,268.62 1851 Weasley's Wands Inventory 12/31 6,400.55 1852 Hermione's Hats Inventory 12/02 2,167.76 1853 Lockhart Magic Books Inventory 12/31 5,932.89 1854 Hagrid Cleaning Service November monthly cleaning 12/15 4,32243 1855 Malfoy Financial Consultants Professional services 1/28 13,888.56 Required b. Prepare an adjusting journal entry to correct accounts payable. Potter's maintains perpetual inventory records, and the inventory was counted and adjusted on December 31. 8.61 Search for Unrecorded Liabilities. The list of vouchers payable for Potter's Magic Shoppe at December 31 follows: Vendor Hagrid Cleaning Services Hermione's Hats Invoice Date Amount 11/15 $ 4,322.43 12/02 2,167.76 Lockhart Magic Books 12/31 6,489.11 Malfoy Financial Consultants 12/28 23,752.63 McGonagall Veterinary Supplies 12/23 4,590.60 Moaning Myrtle's Mystical Capes 10/14 11,529.88 Nicholas Fancy Headwear 12/29 51,268.62 Snape's Snakes 12/28 36,152.45 Weasley's Wands 12/28 6,400.55 Hogwart's Rentals Total vouchers payable Checks written in the following January are 12/15 53,000.00 $199,674.03 Check Number Payee Description Invoice Date Amount 1842 Malfoy Financial Consultants Professional services 12/28 $23,752.63 1843 Hagrid Cleaning Services October monthly cleaning 11/15 4,322.43 1844 Hogwart's Rentals January rent 12/15 53,000.00 1845 Lockhart Magic Books Inventory 12/31 6,489.11 1846 Dudley Pastries Catering for office Christmas party 1/15 6,300.00 1847 Weasley's Wands Inventory 12/28 6,400.55 1848 Rowlin' Enterprises Trademark 1/1 10,000.00 1849 McGonagall Veterinary Supplies Inventory 12/23 4,590.60 1850 Nicholas Fancy Headwear Inventory 12/29 51,268.62 1851 Weasley's Wands Inventory 12/31 6,400.55 1852 Hermione's Hats Inventory 12/02 2,167.76 1853 Lockhart Magic Books Inventory 12/31 5,932.89 1854 Hagrid Cleaning Service November monthly cleaning 12/15 4,32243 1855 Malfoy Financial Consultants Professional services 1/28 13,888.56 Required b. Prepare an adjusting journal entry to correct accounts payable. Potter's maintains perpetual inventory records, and the inventory was counted and adjusted on December 31.

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Unrecorded Liabilities for Potters Magic Shoppe Unrecorded Liabilities Hagrid Cleaning Services 5432... View the full answer