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Miton Company closes its books on its July 31 year-end. The company does not make entries to accrue for interest except at its year-end. On

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Miton Company closes its books on its July 31 year-end. The company does not make entries to accrue for interest except at its year-end. On June 30, the Notes Receivable account balance is $23,800. Notes Receivable includes the following. Maker Face Value Date Term Maturity Date Interest Rate April 21 Coote Inc. $6,000 90 days July 20 8% Brady Co. 7,800 60 days May 25 July 24 10% BMG Corp June 30 10,000 6 months December 31 6% During July, the following transactions were completed Made sales of $4,500 on Miton Company credit cards Made sales of s600 on Visa credit cards. The credit card service charge is 3 % July 5 14 20 Received payment in full from Coote Inc. on the amount due 24 Received payment in full from Brady Co. on the amount due. Show the balance sheet presentation of the receivable accounts at July 31. Milton Company Balance Sheet (Partial) $

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