Which of the following is usually not an accrued liability?

Select one:

a. Interest payable

b. Notes payable

c. Taxes payable

d. Wages payable

South Company borrows $88,500 on September1, 2019, from State Bank by signing an $88,500, 12%, one-year note. What is the accrued interest at December 31, 2019?

Select one:

a. $10,620

b. $2,655.

c. $4,425.

d. $3,540.

Becky Company has total sales of $4,515. If the sales include taxes of 5%, the amount to be credited to Sales Revenue is:

Select one:

a. $4,289.25.

b. No correct answer given

c. $4,000.

d. $4,300.