Propex Corporation uses a voucher register and does not record invoices in a subsidiary ledger.Propex will probably benefit most from the additional cost of maintaining an accounts payable subsidiary ledger if:
A)There are usually invoices in an unmatched invoice file.
B)Vendors' requests for confirmation of receivables often go unanswered for several months until paid invoices can be reviewed.
C)Partial payments to vendors are continuously made in the ordinary course of business.
D)It is difficult to reconcile vendors' monthly statements.

Question

Quizplus · Accepted Answer

If Propex has difficulty reconciling vendors' monthly statements, it suggests that there may be errors or discrepancies in their accounts payable records. Maintaining an accounts payable subsidiary ledger would provide more detailed and organized information, making it easier to identify and correct any issues.

Propex Corporation Uses a Voucher Register and Does Not Record