Question: 1 4 On September 1 , 2 0 2 4 , Daylight Donuts signed a $ 1 5 0 , 0 0 0 , 1

14
On September 1,2024, Daylight Donuts signed a $150,000,10%, six-month note payable with the amount borrowed plus accrued interest due six months later on March 1,2025. Daylight Donuts accrued interest for the note on December 31,2024. Which of the following would be recorded on the payment of the note plus accrued interest at maturity on March 1,2025?(Do not round your intermediate calculations.)
02:01:44
Multiple Choice
Interest Expense of $5,000
Interest Expense of $2,500
Interest Expense of $7,500
Interest Payable of $2,500
 14 On September 1,2024, Daylight Donuts signed a $150,000,10%, six-month note

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