Question: Remaining Time: 1 hour, 52 seconds. Question Completion Status: Moving to another question will save this response. Question 10 Question 10 of 12 1

Remaining Time: 1 hour, 52 seconds. Question Completion Status: Moving to another question will save this response. Question 10 Question 10 of 12 1 points Save As XYZ Inc. assigns $4,000,000 of its accounts receivables as collateral for a $2,000,000, 4%, loan with a bank. XYZ Inc. also pays a finance charge of 1% of the account receivable. What i would be the debit to interest expense (Finance charge) in the journal entry to record this transaction? OA OB. OC OD. $40,000 $20,000 $160,000 $80,000 Moving to another question will save this response. MacBook Pro Question 10 of 12

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