Homework Saved The following transactions took place for Smart Solutions Incorporated. 2020 a. July 1 Loaned $77,000 to employees of the company and received back one-year, 9 percent notes. b. December 31 Accrued interest on the notes. 2021 e. July 1 d. July 1 Required: Received interest on the notes. (No interest has been recorded since December 31.) Received principal on the notes. 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.) View transaction list Journal entry worksheet 2 3 4 Loaned $77,000 to employees of the company and received back one-year, 9 percent notes. Record the transaction. Note: Enter debits before credits Date July 01, 2020 General Journal Debit Credit < Prey 6 of 10 Next > he following transactions took place for Smart Solutions Incorporated. 2020 a. July 1 Loaned $77,000 to employees of the company and received back one-year, 9 pe b. December 31 Accrued interest on the notes. 2021 c. July 1 d. July 1 Required: Received interest on the notes. (No interest has been recorded since Decembe Received principal on the notes. Prepare the journal entries that Smart Solutions Incorporated would record for the above transactions. (I transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet < 1 2 3 4 Accrued Interest on the notes. Record the transaction. Note: Enter debits before credits. Date December 31, 2020 General Journal Debit Credit < Prey 6 of 10 > 2020 a. July 1 Loaned $77,000 to employees of the company and received back one-year, 9 pe b. December 31 Accrued interest on the notes. 2021 c. July 1 d. July 1 Required: Received interest on the notes. (No interest has been recorded since Decemb Received principal on the notes. Prepare the journal entries that Smart Solutions Incorporated would record for the above transactions transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet < 1 2 3 4 Received Interest on the notes. (No interest has been recorded since December 31.) Record the transaction. Note: Enter debits before credits. Date July 01, 2021 General Journal Debit Credit Prev s C The following transactions took place for Smart Solutions Incorporated. 2020 a. July 1 Loaned $77,000 to employees of the company and received back one-year, b. December 31 Accrued interest on the notes. 2021 c. July 1 d. July 1 Required: Received interest on the notes. (No interest has been recorded since D Received principal on the notes. Prepare the journal entries that Smart Solutions Incorporated would record for the above transac ransaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet < 1 2 3 Received principal on the notes. Record the transaction. Note: Enter debits before credits. Date July 01, 2021 General Journal Debit Credit >