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Zaher company borrowed $30,000 from the bank signing a 10%, 9-month note on august 1, 2019. Principal and interest are payable to the bank on

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Zaher company borrowed $30,000 from the bank signing a 10%, 9-month note on august 1, 2019. Principal and interest are payable to the bank on May 1, 2020. If the company prepared financial statements on December 31, 2019, the amount of interest to be accrued at this date would be or Select one: $3,000. $1,250. $1,000. $2,250

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