10 of 11 < 0.61/1 E Ac Q Your answer is partially correct. On October 1, 2022, Tamarisk Group assigns 1,205,800 of its accounts receivable to Vaughn National Bank as collateral for a 722,900 note. The bank assesses a finance charge of 3% of the receivables assigned and interest on the note of 9%. Prepare the October 1, 2022. journal entries for both Tamarisk and Vaughn. (If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) AC Q Ad C Date Account Titles and Explanation Tamarisk Group Oct. 1 Cash Finance Charge Notes Payable Vaughn National Bank Oct. 1 Notes Receivable 85F Clear Cash Interest Revenue. Debit 1169626 36174 1205800 36174 Credit 1205800 1169626 C