Exercise 7-11A (Algo) Accounting for notes receivable LO 7.5 Rainey Enteiprises loaned $40.000 to 5mnif Comporry on June 1, Yesr t, for one yeat at 9 petcert interest Reguired a. Fecotd these generaijoumal entries for Rainey Enterpnises (7) Tre ioan to Small company. (2) The odfusting entry at December 31, Tear 1 . (3) The astisting entry and coliection of the nose on June t. Yes 2 b. Show the effecs of the three glven transsctons in a horkonsai statements model. Answer is not complete. Coenplete this guestion by entering your answers in the tabs below. Frul answers to the neacost whole dollac)