Flag question Company A assigned $1,606,000 of accounts receivable to Company B as security for a loan of $1,342,000. Company B charged a 3% commission on the amount of the loan; the interest rate on the note was 11%. During the first month, Company A collected $459,000 on assigned accounts after deducting $1,550 of discounts. Company A accepted returns worth $5,300 and wrote oft assigned accounts totaling $11,880. In Company A's entries during the first month would include a Select one: a. credit to Accounts Receivable of $477,730. b. debit to Cash of $460,550. c. debit to Bad Debt Expense of $11,880. d. credit to Allowance for Doubtful Accounts of $11,880