(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 $100.( G a: H+ I$ i* q1 q, b) N2 |5 p; _
8 o/ v( f& ?- ?
(A) TRUE! K; {& N1 h1 j3 M+ L
(B)FALSE) d P P: p ]& a* O