(4) The accrued interest on December 31 for a $10,000, 12%, 2-month note payable dated December 1 totals $100. The interest expense recorded on January 30, when the note is paid in full, will total $100. 8 w1 C L/ }7 {* ^1 H4 i2 @) N6 M) t5 X% r0 a! ?' | q
(A) TRUE 1 h* l1 ?" [2 `) e% X7 ~9 a(B)FALSE6 g% K9 U" R/ j+ v