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explained in detail please. 15.4 A receivables ledger control account had a closing balance of $8,500. It contained a contra to the payables ledger of

explained in detail please.

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15.4 A receivables ledger control account had a closing balance of $8,500. It contained a contra to the payables ledger of $400, but this had been entered on the wrong side of the control account. What should be the correct balance on the control account? $7,700 DEBIT $8, 100 DEBIT $8,400 DEBIT $8,900 DEBIT (2 mark

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