On November 1,2015,The Bagel Factory Signed a $100,000,6%,six-Month Note Payable

question 78

Multiple Choice

On November 1,2015,The Bagel Factory signed a $100,000,6%,six-month note payable with the amount borrowed plus accrued interest due six months later on May 1,2016.The Bagel Factory should report interest payable at December 31,2015,in the amount of:

• A)$0.
• B)$1,000.
• C)$2,000.
• D)$3,000.

---

Definitions:

Exercise

Physical activity that is planned, structured, repetitive, and aims to improve or maintain one or more components of physical fitness.

Neurons

The basic working units of the brain and nervous system, responsible for receiving sensory input from the external world, processing that information, and sending commands to the body.

Reproductive Hormones

Hormones that play a crucial role in sexual development, reproduction, and the functioning of reproductive organs.

Brain Volume

The total space occupied by the brain, usually measured in cubic centimeters, indicative of brain size which can be correlated with various aspects of cognitive functioning.