E8-10 (Static) Recording Notes Receivable Transactions, Including Accrual Adjustment for Interest [LO 8- 3] The following transactions took place for Smart Solutions Incorporated. 2020 a. July 1 Loaned $70,000 to employees of the conpany and received back one-year, 10 percent notes. b. Decenber 31 Accrued interest on the notes. 2021 c. July 1 Pleceived interest on the notes. (No interest has been recorded isince Deceaber 31.) d. July 1 Received principal on the notes. Required: Prepare the joumal enties that Smart Solutions incorporated would record for the above transactions. (If no entry is required for a tronsoction/event, select "No Journol Entry Required" in the first account field.) Journal entry worksheet