A bond sinking fund investment is started on January 5, 2010, by transferring $10,000 in cash to the fund. This $10,000 is invested and earns $1,100 during 2010. The entry to record the earnings made on the sinking fund investment includes a debit to___ and a credit to____
a)Cash for $1,100; Income from sinking fund investment for $1,100
b)Cash for $1,100; Bond sinking fund investment for $1,100
c)Bond sinking fund investment for $1,100; income from sinking fund investment for $1,100
d)Cash for $1,100; interest income for $1,100