On Oct 1,2020, Coronado, Inc assigns $1,094,700 of its accounts receivable to Whispering National Bank as collateral for a $738,600 note. The bank assesses a finance charge of 3%. Prepare the October 1 journal entries for both Chung and Seneca. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.)