What would be the total amount of assets

Reference no: EM131018953

1. On August 1, 2014, Miles Company accepted from another company a one-year note receivable with a face amount of $4,000 and an interest rate of 8%. What would be the total amount of assets (related to the note receivable) reported on Miles balance sheet dated December 31, 2014? (Points : 2) $4,000 $4,133 $4,320 $4,187

Reference no: EM131018953

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