On December 1,Victoria Company Signed a 90-Day,6% Note Payable,with a Face

Multiple Choice

On December 1,Victoria Company signed a 90-day,6% note payable,with a face value of $15,000.What amount of interest expense is accrued at December 31 on the note? (Use 360 days a year.)

A) $0
B) $75
C) $900
D) $225
E) $300