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On June 30, 2022, ABC Company discounted a customer's P180,000, 6 month, 10 percent note receivable dated April 30, 2022. A discount rate of 12

On June 30, 2022, ABC Company discounted a customer's P180,000, 6 month, 10 percent note receivable dated April 30, 2022. A discount rate of 12 percent was charged by the bank. The discount is equal to * P22,680 O P7,560 P2,160

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