After the posting of the accounts payable ledger and general ledger is completed, the total of the accounts payable ledger balances should equal the Accounts Payable balance in the general ledger.

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Quizplus · Accepted Answer

This is because the accounts payable ledger contains all the individual accounts payable balances, whereas the general ledger contains the summarized accounts payable balance. Thus, the total of the accounts payable ledger balances should equal the Accounts Payable balance in the general ledger.

After the Posting of the Accounts Payable Ledger and General