On march 1st, kalka company borrowed $5,000 in the form of a three-month note payable with an annual interest rate of 6 percent. the interest will be paid on may 31st at the same time the note is repaid. the interest expense accrued on march 31st will be a : $25. b : $300. c : $100. d : $75.

Option (A) is correct.

Explanation:

Given that,

On March 1st,

Kalka Company borrowed = $5,000 for a three-month note payable

Annual interest rate = 6 percent

Period = one month

                                                 = 5000 × 0.06 × 0.083

                                                 = $24.9 or $25

As Kalka Company borrowed $5000 on March 1st and accrued interest expenses on March 31st is $25.

answer: kevoto

explanation: be healthy

it established new limitations on use and disclosure for marketing purposes, prohibited selling medical information, expanded individuals’ rights to accessing their own information, and to obtain restrictions from certain disclosures of protected heath information to health plans.