On March 1, 2012, Kelly Company lent $3,500 to Tim on a 1-year 6% promissory note. The amount of interest to be accrued on December 31 will be: Select one: O A. $175.00. B. $176.00. O C. $140.00. OD. $210.00 O E. $157.50. Isaiah Company converted a $4,000 account receivable from Mark to a 75-day, 8% note receivable. The maturity value (assume a 360-day year) that will be due from Mark in 75 days (round to nearest dollar) is: Select one: O A. $4,000. O B. $4,320. O C. $4,077. O D. $4,067. O E some other number. A company may be limited in its internal control procedures because the cost of hiring enough people to implement the procedures: Select one can limit employee distractions. . can make employees scared. . outweighs the benefits of the system. can prevent collusion. . has nothing to do with the effectiveness of the internal control system. Brandon borrowed money for his business from a local bank. What accounts will be affected? Select one: O A . Accounts receivable and revenue . Cash and notes payable Accounts payable and revenue OD Cash and accounts payable O E Cash and accounts receivable