4. On 12/30, Smith Company offered to purchase the Atlas Corporations old mainframe computer which was recently replaced by Atlas. Atlas said it would accept the offer of 5000 but couldn't confirm 100% until 12/31. The business made the following Journal Entry: 12/30 Accounts Receivable Sale (computer) 5000 5000 Is this correct? If not, make the correcting entry. 12/30 5. The following Journal Entry was made on 12/31 to reflect a purchase of Inventory with credit terms of 2/10, Net 30. 12/31 Accounts Payable Notes Payable Is this correct? If not, make the correcting entry. 12/31 3000 5000