Scenario C Notes Receivable: A company lent out the following amounts during 2020. Note Date November 11 December 01 September 30 Principle 23,500 18,000 37,000 Interest Rate 4.4% 5.5% 6.6% Term 90 days 180 days 4 months Question 11 (1 point) For Scenario C, assuming that the company year-end was January 31st, how much accrued interest in total would be credited when doing year-end adjusting entries? O a) $394.91 b) $1,208.91 c) $165.45 d) $229.46 e) $2,838.00 Question 12 (1 point) accounts would be debited or credited when doing year-end adjusting entries? O a) Accounts Receivable - Note payable Ob) Interest Receivable - Interest Revenue O c) Interest Payable - Interest Revenue Od) Interest Receivable - Accounts Payable Oe) Accounts Receivable - Note Receivable Previous Page Next Page Page 4 of 11 Question 13 (1 point) For Scenario C and Note Z, how much interest in total will be paid on the due date? a) $814.00 Ob) $37,814.00 O c) $802.85 Od) $2,442.00 Oe) $39,442.00