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Rainey Enterpilses loaned $30,000 to Small Company on June 1, Year 1, for one yeat at 5 percent interest. Required: Show the effects of the

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Rainey Enterpilses loaned $30,000 to Small Company on June 1, Year 1, for one yeat at 5 percent interest. Required: Show the effects of the following transactions in a horizontal statements model. Note: Enter any decreases to account balonces and cash outllows with a minus sign. For changes on the Statement of Cash Flows, indicate whether the item is an operating octivity (OA), investing activity (IA), or financing activity (FA). Not all cells require input. Do not round intermediate calculations. Round your finol answers to the nearest whole dolior. (1) The loan to Sinall Company (2) The adjustrment at December 31, Year 1. (3) The adjustment and collection of the note on June 1, Year

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