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Recognize interest revenue from the cd

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Reference no: EM13512419

Zenephia Corp. invested cash in a 9-month certificate of deposit (CD) on October 1, 2010. If Zenephia has an accounting period which ends on December 31, 2010, when would it most likely recognize interest revenue from the CD?

On December 31, 2010 only

On July 1, 2011 only

Both December 31, 2010 and July 1, 2011

On October 1, 2010

Reference no: EM13512419

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