Bard enterprises
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Free InquiryBard enterprises offered a customer a note for extended payment on November 1, 2016. The $8,000 note was for 6 months at 5%. Bard Enterprises has a December 31 year end and must accrue interest on that date. How much interest has accrued on the note receivable on December 31, 2016?
Select one:
a. $200
b. $100
c. $67
d. $400
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