Al Hasher Company borrows OMR 99,500 on September 1, 2020, from Oman Bank by signing an OMR

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Al Hasher Company borrows OMR 99,500 on September 1, 2020, from Oman Bank by signing an OMR 99,500 12%, one year note. What is the accrued interest at December 31, 2020?

a. OMR 3,980

b. OMR 3,890

c. OMR 3,620

d. OMR 3,655

Related Book For answer-question

Financial ACCT2

ISBN: 978-1111530761

2nd edition

Authors: Norman H. Godwin, C. Wayne Alderman

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Posted Date: Jun 06, 2022 05:41 AM

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Al Hasher Company borrows OMR 99,500 on September 1, 2020, from Oman Bank by signing an OMR

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Amount borrowed 99500 Interest 12 Period ... View the full answer

Financial ACCT2

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