What would be the total amount of assets related to the


On August 1, 2014, Miles Company accepted from another company a one-year note receivable with a face amount of $13,000 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? (Round your final answer to the nearest whole dollar amount.)

$13,607

$13,433

$13,000

$14,040

Request for Solution File

Ask an Expert for Answer!!
Financial Management: What would be the total amount of assets related to the
Reference No:- TGS02286007

Expected delivery within 24 Hours