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Suppose a customer is unable to pay its account on time, so the company accepts a six - month interest - bearing note receivable to

Suppose a customer is unable to pay its account on time, so the company accepts a six-month interest-bearing note receivable to replace the customers account receivable. What effect will accepting the note receivable have on the companys financial statements at the time of acceptance?
Group of answer choices
total assets increase
total assets decrease
no change in total assets
total revenues increase

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