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Prepare the following 3 journal entries for Aspen Co . : # 1 Aspen Co . assigned $ 6 , 0 0 0 of accounts

Prepare the following 3 journal entries for Aspen Co.:
#1 Aspen Co. assigned $6,000 of accounts receivable to Friendly Finance as security for a $4,000 loan. Friendly charged a 4% commission on the accounts; the interest rate on the note is 9%.
#2 During the first month, Aspen collected $2,000 on assigned accounts.
#3 The next day, Aspen made a payment on the note based on the above accounts receivable collections. Record payment of the note and interest

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