The total of the balances in the creditors accounts should agree with the balance of, "the Accounts Payable account in the general ledger."
We balance the accounts payable in the general ledger because it serves as a check to ensure that for every transaction, a debit recorded in one ledger account has been matched with a credit in another. If there is a double entry, the total of the debit balances should always equal the total of the credit balances.
Hence, the purpose of the accounts payable ledger and its subsidiary accounts is to display a company's debt to each of its suppliers, creditors, or vendors in a spreadsheet to more accurately track the data.
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