On January $1,2021,$ Peter Plumbing Ltd$.$ purchased at face value, a $$1,000,5\%,$ bond that pays interest on January $1$ and July $1.$ Peter Plumbing has a calendar year end. The entry for the receipt of interest on January $1,2022,$ is

Select one:

A$.$ Cash Interest Revenue

B$.$ Cash Interest Revenue

C$.$ Cash Interest Receivable

D$.$ Cash