Question: Quiz i Saved Help Save & Exit Submit On September 1, 2019, a firm accepted a 6-month, 8% note for $12,000 from a customer with

 Quiz i Saved Help Save & Exit Submit On September 1,

Quiz i Saved Help Save & Exit Submit On September 1, 2019, a firm accepted a 6-month, 8% note for $12,000 from a customer with an overdue account balance. The accrued interest recorded for this note on December 31, 2019, is Multiple Choice O $960.00. $320.00. O $240.00. O No accrual is necessary

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