Can someone help me find the answer and solutions for these questions?

1. 

On January 1, 2020, Oust the Turtle Company received a non-interest-bearing note for P400,000. The note is payable in two equal installments, with the first payment to be made on December 31, 2021 and the next payment a year after. The effective rate is 10%. How much is the discount on notes receivable on January 1, 2020? (Round off present value factor and your answer to two decimal places.)On December 31,2020, Elisha Company sold a machine in exchange for a noninterest-bearing note requiring ten annual payments of P400,000. The first payment was made on December 31,2020. The market interest rate for similar notes at date of issuance was 8%. Period Present value of 1 at 8% Present value of ordinary annuity of 1 at 8% 9 0.50 6.25 10 0.46 6.71 On December 31,2020, what amount should be reported as note receivable?The financial statements of Anne Company included in the following information for 2020: January 1 December 31 Accounts receivable 1,200,000 Allowance for doubtful accounts 60,000 Sales 8,000,000 Cash collected from customers 7.000,000 The cash collections included a recovery of P10,000 from a customer whose account had been written off as worthless in 2019. During 2020, it was necessary to recognized doubtful accounts expense of P100,000 and write off worthless customers' accounts P30,000. On December 1,2020, a customer settled an account by issuing a 12%, six-month note for P400,000. What is the net realizable value of accounts receivable on December 31,2020?On June 30, 2020, the entity also discounted a customer's note with recourse at a bank at a 10% discount rate. The note is dated May 1, 2020 has a term of 90 days, a face value of P 6,000,000 and an interest rate of 9%. The entity accounted for this transaction as a secured borrowing. The customer paid the note to the bank on maturity date What is the amount of proceeds from discounting the note on June 30, 2020