Question 5 ABC Co has the following information regarding Accounts Receivables by December 31, 2021: Accounts Receivable $ 52000 Not yet answered Allowance for Doubtful Accounts $ 5000 Marked out of 10.00 How much is the net realizable value? P Flag question Select one: a. 5000 b. 52000 C 47000 d. 57000 Question 6 Not yet answered 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? Marked out of 10.00 P Pag question Select one a. Debit A/P 5000. Credit Cash 5000 b. Debit A/P 5000 credit inventory 5000 C Debit A/P 4500, Credit inventory 4500 d. Debit Cash 4500, Credit A/P 4500