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19. How much interest expense is recorded for the year ending December 31 In Exam Figure A? O A. It depends on when the interest
19. How much interest expense is recorded for the year ending December 31 In Exam Figure A? O A. It depends on when the interest is paid OB. $6.750 C. $11,250 OD D. $4500 Notes Payable Date Description Interest Rate 9% January 1 $100,000 note due in 9 months 12% March 1 $75,000 note due in 6 months Notes Receivable 6% February 1 $60,000 note due in 3 months Assume all interest is paid at maturity and none of the notes are paid early
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