Kelly Jones and Tami Crawford borrowed $38,400 on a 7-month, 5% note from Gem State Bank to open their business, Blossom's Coffee House. The money was borrowed on June 1, 2022, and the note matures January 1, 2023. (a) Prepare the entry to record the receipt of the funds from the loan. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation June 1 Debit Credit eTextbook and Media List of Accounts Save for Later Attempts: 0 of 2 used Submit Answer