Ownbey Corporation purchased debt investments for $52,000 on January 1,2020 . On July 1,2020 , Ownbey recelved cash interest of $2,340. Which of the following statement is correct? A. Joumal entry to record the purchase of the investments on January 1st Debt investments 52,000 Revenue 52,000 B. Journat entry to record the recoipt of interest on July 1st Cash 2,340 inferest Revenue 2.340 C. Joumal entry to recond the purchase of the investments on January 1st Debt investments 52.000 Interest Revenue 62,000 D. Joumal entry to record the receipt of interest on July 1st. Cash 2,340 Debt Iavestments 2.340