menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Accounting
  4. Exam
    Exam 10: Current Liabilities and Payroll
  5. Question
    Joe Signs a $5,000,8%,6-Month Note Dated September 1,2012
Solved

Joe Signs a $5,000,8%,6-Month Note Dated September 1,2012

Question 91

Question 91

Multiple Choice

Joe signs a $5,000,8%,6-month note dated September 1,2012.What is Joe's 2013 interest expense for this note?


A) $133
B) $200
C) $400
D) $67

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q86: Which of the following is included in

Q87: Warranty expense would be included in the

Q88: FICA tax is paid by the employer

Q89: Which of the following is paid by

Q90: Art Parrish,the sole employee of Parrish Sales,has

Q92: Which of the following is included in

Q93: Mary's gross pay for the week is

Q94: Amounts owed for products or services purchased

Q95: A certain contingent liability was evaluated at

Q96: RGF Manufacturing recently signed a $200,000,4-month note

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines