On August 1 , Sparky assigned $ 100 ,000 of the accounts receivable to B Bank and received 90% of the value of the accounts assigned less a finance fee of $ 1 000 . B Bank charges 1% per month on the outstanding loan balance . Cash collections from assigned accounts are to be remitted monthly to B Bank to cover both principal and interest payments . During August Sparky collected $ 30 000 in cash of the accounts receivable assigned and also accepted sales returns of $3 000 from assigned accounts . During September Sparky collected $ 50 000 in cash on accounts assigned and in addition , wrote off $2 000 of assigned accounts receivable as uncollectible . As a result of these transactions , determine the ending balance in the Accounts Receivable Assigned and Note Payable Accounts Receivable Assigned $20 000 ; Note Payable $10 000 Accounts Receivable Assigned $ 15 000 ; Note Payable $11 509 Accounts Receivable Assigned $ 15 000 ; Note Payable $10 000 Accounts Receivable Assigned $20,000 ; Note Payable $ 1 1 800