Kizspy | Question: 37
(Choose 1 answer)
FJOVERFLOW.COM
On December 1, Azerai Company signed a 90-day, 4% note payable, with a face value of $45,000. What
amount of interest expense is accrued at December 31 on the note?
A. $0
B. $150
C. $300
D. $450
E. $600
