On October 1,2023, Marin Inc assigns $4.8 million of its accounts receivable to Alberta Provincial Bank as collateral for a $4.5-million loan evidenced by a note. The bank's charges are as follows: a finance charge of 5.6% of the assigned receivables and an interest charge of 10% on the loan. Prepare the October 1 journal entries for both Marin Inc. and Alberta Provincial Bank. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. List all debit entries before credit entries.)