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EX_01: SEARCH FOR UNRECORDED LIABILITIES TEMPLATE

UNITED CARBONATIONS
DECEMBER 31, 20X3
Selection method
Payment details

Check/
Ref.
wire
No. reference
1 19040

Check/
wire date
January 27,
20X4

Specific Item Testing


Invoice details

Accounting
period the
expense was
recorded
Current period

Was the expense


recorded in the
proper period?
Yes

Vendor
Water Suppliers
Unlimited

Number
921840109

Date
12/31/X3

January 9,
20X4

City of Poptown

71892981

12/31/X3

387,754.50

Yes

Yes

20X3

Current period

Yes

TM

10000012

19055

January 28,
20X4

Savvy Bottlers

D17401C

1/4/X4

215,346.68

Yes

Yes

12/23/X3

Subsequent period

no

19055

January 28,
20X4

Savvy Bottlers

D15990C

12/4/X3

323,020.03

Yes

Yes

12/3/X3

Current period

yes

19075

February 4,
20X4

Poptown Gas &


Electric

1000001

1/5/X4

102,500.00

Yes

Yes

11/X3-12X3

Subsequent period

NO

19082

February 6,
20X4

Umbrella Insurers

88-44105X

12/15/X3

804,738.00

Yes

No

11/X3

Current period

YES

N/A

N/A

Global Hotel Group

123905

1/5/X4

11,210.15

No

No

1/5/X4

Subsequent period

Yes

Comments, if any
a This was recorded in 20X4 and should have been recorded in 20X3.

THIS WAS INVOICED IN 20X4 BUT THE SERVICES RENDERED WERE IN 20X3.

This invoice was not accrued in or put in the trade payables. Needs to be correctly recorded.

Amount
Item traced to
vouched to
subledger, goods
supporting received not invoiced
documentation accrued expense,
Date goods/
without
and/or accrued
services were
Amount
exception?
expenses schedule?
received
309,225.00
Yes
Yes
12/1/X312/31/X3