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help with the multiple choice please! A note is made (signed) on June 30 for $10,000 at 9% interest. It is due and payable on

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A note is made (signed) on June 30 for $10,000 at 9% interest. It is due and payable on Sept 30. Interest must be accrued on July 31 as the financial statements are being prepared. What is the amount of interest to be accrued? Select one: O a. $900 O b. $75 O c. $225 On September 30, how much cash will be collected? Select one: a. $10,000 b. $ 10,900 O c. $10,225 stion 3 yet A note is made on Jan. 1 for $5,000 at 10% for six months (due June 30th). Assume no interest has been accrued. What would the journal entry to record the payment would be? vered nts out of Fit Flag question Select one: O a. DR-Cash $5,250; CR-Interest Income-$250; CR Notes Receivable $5,000 O b. DR-Cash $5,000; Notes Receivable $5,000 OC. DR-Cash $5,500; CR-Interest Income-$500; CR Notes Receivable $5,000

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