pleaseee ASAP thankyou

ile Dlank On December 31, 2018 , Eller Corporation sold for P75,000 an old machine having an original cost of P135 , 000 and a book value of P60 ,000. The terms of the sale were as follows: P15,000 down payment P30, 000 payable on December 31 each of the next two years The agreement of sale made no mention of interest ; however, 9% would be a fair rate for this type of transaction. What should be the carrying amount of the notes receivable on December 31, 2018 rounded to the nearest peso ? (The present value of an ordinary annuity of 1 at 9% for 2 years is 1. 75911 .) On September 1, Riva Co. assigns specific receivables totaling P750, 000 to Pacific Bank as collateral on a P625, 000, 12 percent note . Riva Co. will continue to collect the assigned accounts receivable . Pacific also assesses a 2 percent service charge on the total accounts receivable assigned . Riva Co. is to make monthly payments to Pacific with cash collected on assigned accounts receivable . Collections of assigned accounts during September totaled P260, 000 less cash discounts of P3 , 500. What amount is owed to Pacific by Riva Co . for September collections plus accrued interest on the note to September 30 ? Tania Company accepted from a customer a P4,000,00090-day 12% noted August 31, 2018 . On September 30, 2018 , Tania Company discounted without recourse the note at 15%. However the proceeds were not received until October 1, 2018 . In the income statement for the year ended September 30, 2018 , what should be reported as loss on note receivable discounting