On December 1, Victoria Company signed a 90-day, 4% note payable, with a face va...
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On December 1, Victoria Company signed a 90-day, 4% note payable, with a face value of $15,000. What amount of interest expense is accrued at December 31 on the note?
Note: Use 360 days a year.
100%
0%
0%
0%
0%
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