What is the cash received from discounting

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Question - On July 1, 2021, CPA Co. sold goods in exchange for P2,000,000, 8-month, noninterest-bearing note receivable. At the time of the sale, the market of interest was 12%. The entity discounted the note at 10% on September 1, 2021? What is the cash received from discounting?

Reference no: EM132922008

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