Jupiter, Inc. signed a one-year $44,000 note payable at 8% interest on May 1, 2016. If Jupiter, Inc. only adjusts its accounts once a year at year-end, how much interest expense was accrued on December 31, 2016?
A) $1,173
B) $3,520
C) $2,347
D) $2,933
C .Interest Expense from May to December,
Business
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Indicate whether the statement is true or false
Business
Advantages of SWOT include each of the following except
A) very simple to use. B) creates an awareness of political and environmental threats. C) encourages customers to provide routine feedback. D) allows the project manager to prepare appropriate response plans.
Business