Discuss the relationship between the balance in the accounts payable general ledger control account and what is

Question:

Discuss the relationship between the balance in the general ledger control account and what is found in the account payable subsidiary ledger.

Accounts Payable
Accounts payable (AP) are bills to be paid as part of the normal course of business.This is a standard accounting term, one of the most common liabilities, which normally appears in the balance sheet listing of liabilities. Businesses receive...