estion 6 swered rked out of 10 On October 1, 2020, Long Company purchases a $20,000 portfolio of debt investment (bonds) paying 10% interest annually. The company intends to hold the investments for the long term. Assuming Long has a year end of December 31. What is the journal entry to record the accrual of interest for the year end? - Flag Jestion Select one: a. Debit to interest Receivable for $500, Credit to Long Term Investments for $500 . b. Debit to interest Receivable for $2,000, Credit to Long Term Investments for $2,000 Debit to interest Receivable for $2,000, Credit to interest Revenue for $2,000 d. Debit to interest Receivable for $500, Credit to interest Revenue for $500