Question: D A $10,000, 90-day 12% note payable was issued on December 1, Year 1. What is the amount of the accrued interest on December

D A $10,000, 90-day 12% note payable was issued on December 1,

D A $10,000, 90-day 12% note payable was issued on December 1, Year 1. What is the amount of the accrued interest on December 31, Year 1? O $300 O $1,200 O $100 O $200 Question 45 A $10,000, 90-day 12% note payable was issued on December 1, Year 1. What is the amount of cash paid on the maturity date? $10,000 0 $10,300 O $10,200 O $10,100

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