Question: Question 8 (1 point) On September 1, Hauser Corp. borrowed $70,000 from the Metro Bank for five months at 9%. Interest is payable at maturity.

 Question 8 (1 point) On September 1, Hauser Corp. borrowed $70,000

from the Metro Bank for five months at 9%. Interest is payable

Question 8 (1 point) On September 1, Hauser Corp. borrowed $70,000 from the Metro Bank for five months at 9%. Interest is payable at maturity. The entry Hauser must make on December 31, its year-end, assuming no prior accruals is: Please see the following information: Interest Expense 6,300 6.300 Notes Payable Please see the following information: Interest Expense 2,100 2,100 Interest Payable Please see the following information: Interest Expense 2,100 2,100 Interest Payable Please see the following information: Interest Expense 2,625 2,625 Interest Payable Please see the following information: Interest Expense 1,575 1,575 Interest Payable

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