(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 $100.- Q0 b+ I H5 @: q1 Y/ J
P, }+ }1 X* r: D5 j
(A) TRUE1 C9 a1 M2 w$ X- z& s2 O4 p
(B)FALSE. m7 Y3 f, ` F( U+ g4 l H% p