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H3Ko H3Ko
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7 years ago
Saturn, Inc. signed a one-year $24,000 note payable at 8% interest on March 1, 2017. How much interest expense must be accrued on May 31, 2017? (Round any intermediate calculations to two decimal places, and your final answer to the nearest whole number.)
A) $240
B) $1,920
C) $480
D) $720
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
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TanksTanks
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H3Ko Author
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#2
7 years ago
I just realized you had posted this! Thanks so much
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#3
5 years ago
thank you
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#4
3 years ago
Thanks
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