The company has earned (but not recorded) $6,000 of interest relating to an investment for the year ended December 31, 2014. A check for this amount will be received on January 9, 2015. How would the company record the related adjusting entry dated December 31, 2014?
Debit Cash for $6,000 and credit Interest Revenue for $6,000.
Debit Interest Receivable for $6,000 and credit Interest Revenue for $6,000.
Debit Interest Expense for $6,000 and credit Interest Revenue for $6,000.
Debit Cash for $6,000 and credit Interest Receivable for $6,000.
Debit Interest Revenue for $6,000 and credit Income Summary for $6,000.