Help Save & Exit Submit To attract retailers to its shopping center, the Marketplace Mall will lend money to tenants under formal contracts, provided that they use it to renovate their store space. On November 1, 2017, the company loaned $105,000 to a new tenant on a one-year note with a stated annual interest rate of 10 percent. Interest is to be received by Marketplace Mall on April 30, 2018, and at maturity on October 31, 2018. 4 Required: Prepare journal entries that Marketplace Mail would record related to this note on the following dates: (a) November 1, 2017 (b) December 31, 2017 (Marketplace Mal's fiscal year-end): (c) April 30, 2018, and (d) October 31, 2018. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) 12 points eBook View transaction list Journal entry worksheet Print References Record the receipt of a note on November 1, 2017 for a $105,000 lean to a new tenant Nota: Enter debits before eredts Date General Journal Debit Credit Nov 01, 2017 Cear entry View general jurnal ecord entry The following transactions took place for Smart Solutions Inc 2017 a. July 1 Loaned $73,000 to an employee of the company and received back a one-year, 10 percent note. b. Dec. 31 Acerved interest on the note. 2018 c. July 1 Received interest on the note. (No interesst has been recorded since December 31.) d. July 1 Received principal on the note. 12 points Required: Prepare the journal entries that Smart Solutions Inc. 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.) eBook View transaction list Print Journal entry worksheet References 2 34 1 Record the receipt of a note on July 1, 2017 for a $73,000 loan to an employee. Nete: Enter debits before credts Date General Jourmal Debit Credit Jul 01, 2017 Record entry Clear entry View general journal LO