I am not sure how to make entries for recording issuance of the notes, collection of the A/R and payment to bank

can anyone helps me on this?

On May 1, Year 5, ATTN was informed that they would need to immediately make some changes to some equipment in their primary factory in order to meet new EPA standards Since management didnt feel they had sufficient cash on hand to make the required changes, they decided to take out a short-term note to provide the necessary financing. To keep the interest costs down, the team decided to use some of their A/Ras collateral for theloan. The details of the transaction are provided below. Cost and loan information Cost of the repair Amount ofloan Interest rate on loan Finance charge (deducted from principal by bank) Months of the note $246,000 $240,00d 6% 29% 6 A/R information Pledged A/R $288,ood Write-offs Discounts Cash Collected May June Jul August September October $144,000 $57,600 $28,800 $5,760 $864 $400 $237,424 $8,640 $1,728 $864 $2,88o $1,440 $1,526 $1,832 $2,748 $4,121 $6,182 $17,849 11,232 $2,88o Make all of the necessary journal entries to record the issuance of the note, the collection of the A/R, and the payments to the bank. Assume that the contract with the bank requires that payments be made on the end of every month and include all of the cash recieved from collected the pledged A/R