Assume Jones Electronics has excess cash to invest and pays $200,000 to buy $200,000 face value 5%, five year, Beck Company bonds on January 1 of the current year. The bonds pay interest on June 30 and December 31 each year. Jones plans to hold the bonds to maturity. To record the journal entry for the receipt of the first interest revenue received on the bond investment:

A. Date Accounts Debit Credit Jan 1 Cash 5,000 Interest Revenue 5,000
B. Date Accounts Debit Credit Jan 1 Interest Revenue 5,000 Cash 5,000
C. Date Accounts Debit Credit Jan 1 Cash 10,000 Interest Revenue 10,000
D. Date Accounts Debit Credit Jan 1 Interest Revenue 10,000 Cash