Furman Corporation entered into an assignment agreement with a finance company whereby Furman would be advanced $80\%$ of all accounts assigned, minus a $$2,000$ service charge. The assignment does not meet the conditions for a sale and should be accounted for as a secured borrowing. During the year, $$300,000$ of accounts receivable were assigned, $$220,000$ collections were made on outstanding assigned accounts, and $$210,000$ was remitted to the finance company. This remittance included interest charges of $$2,100.$ Sales returns and allowances on assigned accounts amounted to $$5,000.$ Need help with general journal entries and Balance sheet