ABC Co. uses net method for discounts of inventory. ABC Co. has the following transactions in May 2021:

May 1, Purchased inventory on credit terms 1/10 n,30 for 10000

May 9 Return 50% of inventory purchased on May 1, it was defective.

Which one is the correct journal entry for May 9?

Select one:

a. Debit A/P 5000, Credit Cash 5000

b. Debit A/P 5000 credit inventory 5000

c. Debit Cash 4500, Credit A/P 4500

d. Debit A/P 4500, Credit inventory 4500