Journalize the following transactions for ABC Company (15 pts) 2017 Aug 1 Loaned $180,000 to Joe Smith, an executive with the company, on a one year e% note Dec 31 Accrued interest revenue on Smith note 2018 July 31 Received interest on the note. General Journal (round to the nearest dollar) Date Accounts Debit Credit For each of the following items,enter the correct letter to show whether the expenditure should be capitalized (C) Or expensed (E). (5 pts) 1 Paid $3.000 for extraordinary repairs Paid $500 for routine maintenance. 2 3Purchased equipment for $60,000, gave a long term note. 4Purchased a patent for $35,000 5 Paid $200 for Ordinary repairs