Question 14 (32 points) On November 1, the Alpha company borrows $130,000 from a local bank signing a promissory note. The company assigns $200,000 receivables as collateral. The bank charges a fee, payable immediately, equal to 3% on the assigned receivables, and interest payable at the end of each month equal to 6% annual rate (.e., 0.5% per month). The terms require the company to remit collections at the end of the each month as well. On November 11th, $10,000 are collected. Which of the following statements about the journal entries recorded by the company are correct? (select all that apply - i.e., just one or as many as all of them) At the end of November, accounts receivable are credited for $10,000 On 11/1, Cash is debited for $124.000 On 11/1, a liability account is credited for $124,000 The company records no entry on 11/10 At the end of November, interest expense is debited for $650 At the end of November, interest expense is debited for $500 On 11/1, a balance sheet account is debited for $6,000 At the end of November, a liability account decreases by $10,000