Company A has a receivable of 10,000 with company B and at the same time company A owns 12,000 to company B. Following offsetting principles, the company must report:

a) A receivable of 10,000 in the asset and a payable of 12,000 in the liabilities.

b) A payable of 2,000 in the payable.

c) A receivable of -2,000 in the assets.

d) None of the above is correct.