(4) The accrued interest on December 31 for a $10,000, 12%, 2-month note payable dated December 1 totals $100. The interest expense recorded on January 30, when the note is paid in full, will total $100." @6 v2 T" i& u: P2 i
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(A) TRUE 2 K$ Q8 h& A6 Z2 x(B)FALSE: D* C d3 O- z5 F/ V, D1 R