Apple Company owns all of the stock of Beta Company. In 2015, Apple issued a bond which was acquired an unaffiliated company, Charlie Company. In 2020, Beta acquired the bond from Charlie Company. In 2020, Apple made the following entry with respect to the bond:

DEBIT: Interest expense $50

DEBIT: Premium bond payable $3

CREDIT: Cash $53

And Beta made the following entry:

DEBIT: cash $53

DEBIT: Investment in bonds $5

CREDIT: Interest revenue $58.

What would be the worksheet entry needed with this bond?

a DEBIT: Interest revenue $58. CREDIT: Interest Expense $50, CREDIT: Cash $8.

b DEBIT: Interest revenue $58. CREDIT: Premium bond payable $3, CREDIT: Investment in bonds $5, CREDIT: Interest expense $50.

c DEBIT: Premium bond payable $3, DEBIT: investment in bonds $5, DEBIT: interest expense $50. CREDIT: Interest revenue $58.

d DEBIT: cash $8, DEBIT: interest expense $50. CREDIT: Interest revenue $58.