On 1/1/23, Big Cо аcquired аll оf Smаll Cоrporation's common shares for $320,000 cash. On 12/31/24, Small owed Big $5,000 for goods purchased during the year. When consolidated financial statements are prepared for 2024, which entry is needed to eliminate intercompany receivables and payables in the consolidation worksheet? A) Accounts Receivable 5,000 Accounts Payable 5,000 B) Accounts Payable 5,000 Accounts Receivable 5,000 C) Retained Earnings 5,000 Accounts Receivable 5,000 D) Consolidating entry not required