On august 1 2014 miles company accepted from another, Financial Accounting

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On august 1 2014 miles company accepted from another

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 Muller's balance sheet dated December 31, 2014?

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Financial Accounting: On august 1 2014 miles company accepted from another

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