Gaur 300,000. Loss of $360,000 Question 13 5 pts Moon Inc. assigns $3,500,000 of its accounts receivables as collateral for a $2 million loan with a bank on March 1, 2020. The bank assesses a 3% finance charge on the loan amount and charges interest on the note at 6%. On March 1, the bank would record which journal entry for this transaction? Debit Cash for $1,940,000, debit Interest Expense for $60,000, and credit Notes Payable for $2,000,000. Debit Note Receivable $1.940,000, debit Interest Expense for $60,000, and credit Cash for $2.500,000. Debit Note Receivable for $3,500,000, credit Interest Revenue for $105,000, and credit Cash $ 3,395,000. Debit Note Receivable $2,000,000, credit Interest Revenue for $60,000, credit cash $1.940,000. Question 14 5 pts Remington Corporation had accounts receivable of $100.000 at 1/1. The only transactions affecting accounts receivable were sales of $800,000 and cash collections of $750,000. The accounts receivable turnover is 7.5. QWERTY S D ock comm