On December 1,Victoria Company Signed a 90-Day,6% Note Payable,with a Face

question 145

Multiple Choice

On December 1,Victoria Company signed a 90-day,6% note payable,with a face value of $15,000.What amount of interest expense is accrued at December 31 on the note? (Use 360 days a year.)

• A)$0
• B)$75
• C)$900
• D)$225
• E)$300

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Discrete Categories

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Reduction

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A mental health disorder characterized by pervasive instability in moods, behavior, self-image, and functioning, often leading to impulsivity and troubled relationships.