At the end of 2020, the business has a notes payable with maturity value of TL60.000. The maturity date of the note is April 30, 2021. If the discount rate is 20%, which adjusting entry is made on December 31, 2020 by using maturity value method? a. TL4.000 debit to 647-Discount Interest Revenue and credit to 322-Discount on N/P b. TL56.000 debit to 647-Discount Interest Revenue and credit to 322-Discount on N/ c. TL56.000 debit to 322-Discount on N/P and credit to 647-Discount Interest Revenue d. TL4.000 debit to 322-Discount on N/P and credit to 647-Discount Interest Revenue

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