The balance sheet shows debtors for doubtful debts at $8,000. Debtors of remaining realized 75% of its value. What is the journal entry?
a) Debit: Doubtful Debts $8,000, Credit: Realized Debtors $6,000
b) Debit: Doubtful Debts $8,000, Credit: Realized Debtors $2,000
c) Debit: Realized Debtors $8,000, Credit: Doubtful Debts $6,000
d) Debit: Realized Debtors $8,000, Credit: Doubtful Debts $2,000