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    Lennon Company Signed a 12-Month,$53,000,10% Note on June 1,2019
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Lennon Company Signed a 12-Month,$53,000,10% Note on June 1,2019

Question 79

Question 79

Multiple Choice

Lennon Company signed a 12-month,$53,000,10% note on June 1,2019.The amount of interest to be accrued on December 31,2019,is: (Round your final answer to the nearest dollar. )


A) $442.
B) $2,650.
C) $3,092.
D) $5,300.

Correct Answer:

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