During the year, PC sold food with a cost of $25,000 to SC for a price of $30,000. Under ASPE, the transaction is required to be measured at carrying amount. How would PC recognize the $5,000 difference in its books Credit Retained Earnings $5,000 Credit Contributed Surplus $5,000 There would be no gain or loss Credit through P&L$5,000. During the year, PC sold food with a cost of $25,000 to SC for a price of $30,000. Under ASPE, the transaction is required to be measured at carrying amount. How would SC recognize the $5,000 difference in its books? Debit Contributed Surplus $5,000 There would be no gain or loss Debit through P\&L $5,000. Debit Retained Earnings $5,000