Shari Uecker Company borrows $88,500 on September - 1 , 2006. from Egg Harbor State Bank by

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Shari Uecker Company borrows $88,500 on September

- 1 , 2006. from Egg Harbor State Bank by signing an $88,500.

12%, one-year note. What is the accrued interest at December 31. 2006?

a. $2,655.

h. $3,540.

c. $4,425.

d. $10,620.

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Financial Accounting Text Only

ISBN: 9780006575405

5th Edition

Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel

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