Becki Jean Corporation Issued a One-Year, 9%, $200,000 Note on April

question 41

Multiple Choice

Becki Jean Corporation issued a one-year, 9%, $200,000 note on April 30, 2010. Interest expense for the year ended December 31, 2010 was

• A) $18,000.
• B) $13,500.
• C) $12,000.
• D) $10,500.

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