On December 1, Akinribade Company signed a 90 -day, 8% note payable, with a face...
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Accounting
On December 1, Akinribade Company signed a 90 -day, 8% note payable, with a face value of $13,800. What amount of interest expense is accrued at December 31 on the note? (Use 360 days a year.) Multiple Choice $0 $276 5i84 51,104 592
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