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.