Question:

Whispering Winds Corp. signs a $24000, 11%, 6-month note

Last updated: 8/9/2022

Whispering Winds Corp. signs a $24000, 11%, 6-month note

Whispering Winds Corp. signs a $24000, 11%, 6-month note payable on September 1, 2021. How much interest expense will Whispering report in its 2022 financial statements? O $880 O $1320 O $0 O $440