On January 1 2017 Brenner Company Purchased at Face Value $\begin{array}{llr} \text { Cash} &60\\ \text { Interest Receivable } &&60\\\end{array}$

On January 1 2017 Brenner Company purchased at face value a $1000 6% bond that pays interest on January 1. Brenner Company has a calendar year end. The entry for the receipt of interest on January 1 2017 is a.
$\begin{array}{llr} \text { Cash} &60\\ \text { Interest Receivable } &&60\\\end{array}$

b.
$\begin{array}{llr} \text {Cash } &60\\ \text { Interest Receivable} &&60\\\end{array}$

c.
$\begin{array}{llr} \text {Interest Receivable } &60\\ \text { Cash} &&60\\\end{array}$

d.
$\begin{array}{llr} \text { Interest Receivable} &60\\ \text { Interest Revenue } &&60\\\end{array}$