On March 1,2012,Forest Co

question 53

Multiple Choice

On March 1,2012,Forest Co.borrowed cash and signed a 36-month,interest-bearing note on which both the principal and interest are payable on February 28,2015.At December 31,2014,the liability for accrued interest should be

• A) 10 months' interest.
• B) 22 months' interest.
• C) 34 months' interest.
• D) 36 months' interest.

---

Definitions:

Expiration Date

The date after which a product, such as food or medicine, is not recommended to be used because it may not be safe or effective.

Alphabetically

Organizing words or items according to the standard order of the letters in the alphabet.

Antagonist

A drug that blocks the actions of a receptor or its intended ligand.

Receptor Site

Specific regions on a cell surface or within a cell where chemicals, such as hormones or neurotransmitters, can bind to elicit a physiological response.