E8-10 (Algo) Recording Notes Receivable Transactions, Including Accrual Adjustment for Interest [LO 8- 3] The following transactions took place for Smart Solutions Incorporated. Required: Prepare the journal entries that Smart Solutions Incorporated would record for the above transactions. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet Loane $63,000 to employees of the company and received back one-year, 8 percent notes. Record the transaction. Note: Enter debits before credits. Journal entry worksheet Accrued interest on the notes. Record the transaction. Note: Enter debits before credits. Journal entry worksheet