On July 1, 2019, Maricris Company received a P20,000 promissory note from Jordyn Company. The annual interest rate is 5%. Principal and interest are paid in cash at the maturity date of June 30, 2020. If Maricris's fiscal year ends September 30, 2019, an adjusting entry is needed to: * Increase interest revenue by P1,000 Increase notes receivable by P250 Increase interest receivable by P250 Increase notes receivable by P1,000 Banco de Oro has loaned P9,000 to Northern Star Company, using a 90-day non- interest-bearing note. The bank discounted the note at 7%. The credit to discount on Notes Receivable in the general journal will be in the amount of * OP9,000.00. OP8,842.50. OP157.50. P9,157.50. On October 31, 2021, Bundle Company engaged in the following transactions: (1) Obtained a P500,000, six-month loan from City Bank, discounted at 12%. The company pledged P500,000 of accounts receivable as security for the loan. What is the total cash received from the financing of receivables? * 440,000 500,000 470,000 360,000