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On August 1, 2019, Zuhoor Muscat Company borrowed RO 301,500 from a Bank. The note requires principle and annual interest at 12% to be paid

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On August 1, 2019, Zuhoor Muscat Company borrowed RO 301,500 from a Bank. The note requires principle and annual interest at 12% to be paid on January, 31, 2020. If the fiscal year of the company ends on December 31 each year, then the amount of accrued interest that should be recorded by Zuhoor Muscat Company on December, 31, 2019 will be Select one: O a. RO 36,180 O b. RO 18,090 O c. RO 15,075 d. RO 3,015 On August 1, 2019, Zuhoor Muscat Company borrowed RO 301,500 from a Bank. The note requires principle and annual interest at 12% to be paid on January, 31, 2020. If the fiscal year of the company ends on December 31 each year, then the amount of accrued interest that should be recorded by Zuhoor Muscat Company on December, 31, 2019 will be Select one: O a. RO 36,180 O b. RO 18,090 O c. RO 15,075 d. RO 3,015

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