(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 $100.& z3 X3 t$ T6 G: d2 S5 a
! { b5 `; L, i& _6 d; w4 H
(A) TRUE& b. i5 r! B7 E1 C H9 {
(B)FALSE; W' o* v' d3 P$ v