On December 1, Victoria Company signed a 90-day, 7% note payable, with a face value of $13,200. What amount of interest expense is accrued at December 31 on the note? Note: Use 360 days a year. Multiple Choice O $924 $0 $77 $231 $154

On Decemiter 1, Victoria Company signed a 90-day, 7% note payable, with a face value of $13,200. What amount of interest expense is accrued at December 31 on the note? Note: Use 360 days a year. Multiple Choice $924 50 $77 5231 $154