Question: q4 pls provide Complete solution thank you Question 4 2 pts On November 16, 2020. an entity borrowed P260.000 from a bank by issuing a

q4 pls provide Complete solution thank you Question 4 2 pts

q4 pls provide Complete solution thank you

Question 4 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

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