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-ctivity (5 marks) Ms Williams operates as a sole trader. Currently, she has a receivables ledger control account alance of $344,240 and a receivables ledger balance of $352,268. The following have been found Contra item of $3,000 has not been entered in the receivables ledger control account Cheque from customer of $1.110 has been dishonoured. The correct double entry has been ecorded, but the accounts have not been updated. A payment of $644 from a customer has incorrectly been entered in the accounts receivables edger as $466. - Discounts allowed of $240 have not been entered in the control account. Cash received of $1,600 has been debited to the customer's account in the accounts receivable edger. 5. Total credit sales of $9.000 to an accountancy firm, Watkins have been posted correctly to the edger account but not recorded in the control account. Correct the receivables ledger account and carry out a reconciliation of the Receivables Ledger. -ctivity (5 marks) Ms Williams operates as a sole trader. Currently, she has a receivables ledger control account alance of $344,240 and a receivables ledger balance of $352,268. The following have been found Contra item of $3,000 has not been entered in the receivables ledger control account Cheque from customer of $1.110 has been dishonoured. The correct double entry has been ecorded, but the accounts have not been updated. A payment of $644 from a customer has incorrectly been entered in the accounts receivables edger as $466. - Discounts allowed of $240 have not been entered in the control account. Cash received of $1,600 has been debited to the customer's account in the accounts receivable edger. 5. Total credit sales of $9.000 to an accountancy firm, Watkins have been posted correctly to the edger account but not recorded in the control account. Correct the receivables ledger account and carry out a reconciliation of the Receivables Ledger