Question: Global Enterprises, Inc. signed a one - year $ 4 7 , 0 0 0 note payable at 9 % interest on April 1 ,
Global Enterprises, Inc. signed a one year $ note
payable at interest on April If Global only adjusts its
accounts once a year at year end, how much interest expense
was accrued on December Round any intermediate
calculations to two decimal places, and the final answer to the
nearest whole number.
A $
B $
C $
D $
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