The best thing to do, is to review the cash disbursements that are recorded subsequent to the balance sheet date. This is done in order to determine whether the related payables apply to the prior period.
This is a concept in Finance, which is a very vast field and a sub-field of Business studies. Finance deals with the management of cash, and its flows in and out of an organization for various business purposes. Usually, finance majors are taught together with Accounting named as an Accounting and Finance course in many colleges.