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XYZ Inc assigns $3,000,000 of its accounts receivables as collateral for a $2,000,000, 1, loan with a bank XYZ I also pays a fan

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XYZ Inc assigns $3,000,000 of its accounts receivables as collateral for a $2,000,000, 1, loan with a bank XYZ I also pays a fan charge of record this transaction? OA Cash Interest expenses Due from Bank 1,940,000 30.000 30,000 Notes payable.. 2,000,000 OB Cash. 1,940,000 Interest expenses.. 60,000 Notes payable.. 2,000,000 Cash 1,910,000 Interest expenses... 90,000 Notes payable. 2,000,000 OD. Cash, 1,910,000 Interest expenses... 90,000 Account receivable. 2,000,000

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