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TB MC Qu. 11-74 on December 1, Victoria Company... On December 1, Victoria Company signed a 90-day, 8% note payable, with a face value of

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TB MC Qu. 11-74 on December 1, Victoria Company... On December 1, Victoria Company signed a 90-day, 8% note payable, with a face value of $6,600. What amount of interest expense is accrued at December 31 on the note? (Use 360 days a year.) Multiple Choice $0 $132 $528

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