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Business, 10.12.2019 05:31, mckenziet73
2. on december 1, a company accepted a $5,000, 4%, 90-day note. how much accrued interest will be recorded as an adjusting entry on december 31, the end of the accounting period?
a. $166.67b. $16.67c. $1.67d. $0.00; interest is not accrued at year-end
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Answers: 3
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2. on december 1, a company accepted a $5,000, 4%, 90-day note. how much accrued interest will be re...
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