![](https://cos-cdn.shuashuati.com/pipixue-wap/2020-1230-1107-56/ti_inject-812ce.png)
Seamark buys $300,000 of Eider’s 8% five-year bonds payable at par value on September 1. Interest payments are made semiannually on March 1 and September 1. The journal entry to accrue interest earned at year-end December 31 is:
A.
Debit Interest Receivable $8,000, credit Interest Revenue $8,000.
B.
Debit Interest Receivable $12,000, credit Interest Revenue $12,000.
C.
Debit Cash $8,000, credit Interest Revenue $8,000.
D.
Debit Cash $12,000, credit Interest Revenue $12,000.
E.
Debit Interest Revenue $8,000, credit Interest Receivable $8,000.