Question: q3 please provide the complete computation thank you! Question 3 2 pts On November 16, 2020, an entity borrowed P260,000 from a bank by issuing

q3 please provide the complete computation thank you! Question 3 2

q3 please provide the complete computation thank you!

Question 3 2 pts On November 16, 2020, an entity borrowed P260,000 from a bank by issuing a 90- day, noninterest bearing note. The bank discounted this note at 14% and remitted to the entity the difference. Determine the balance of the note payable presented in the December 31, 2020 statement of financial position. O 260.000 0 256.967 250.900 255.450

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