5. If the balance in accounts receivable is $100,000 and the balance in allowance for bad debts is $10,000, what is the net realizable value of accounts receivable? A. 110,000 B. 100,000 C. 90,000 D. 10,000 E. None of the above 6. For the year ended December 31, 2017, Company B earned net credit sales of Industry experience suggests that bad debts will amount to 1% of net credit $600,000. sales. How much is the bad debts expense for 2017? A. 600,000 B. 60,000 C. 12,000 D. 6,000 E. None of the above