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orrect Question 35 0/4 pts ABC Company signed a one-year s 12,000 note payable at 8% interest on May 1, 2012. How much interest expense

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orrect Question 35 0/4 pts ABC Company signed a one-year s 12,000 note payable at 8% interest on May 1, 2012. How much interest expense must be accrued on May 31, 2012? $960 $40 $80 $320

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