Rainey Enterprises loaned $20 000 to Small Co on June 1, 2018, for one year at 6 percent interest Required Show the effects of the following transactions in a horizontol statements In the Cash Flow column, indicate vhether the item is an operating activity (OA) an investing activity A) or a financing activity (FA) For any element not affected by the event leave the cell blank (Not every cell will require entry. Do not round intermediate calculations. Enter any decreases to account balances and cash outflows with a minus sign.) 3 ports 935320 (1) The loan to Small Co. (2) The edjusting entry at December 31, 2018 (3) The adjusting entry and collection of the note on June 1, 209 Answer is not complete. RAINEY ENTERPR SES Hortzontal Statemerts Model income Stanements Assets Equity Retained saremant of Cash Fiow Date Netes interest Receivabler Net Income Cash Revenue Experse Receivabie tamines 6/1/18 12/31/10 6/1/59 (20.000) + 20000 go 000) A 700 700 700 - 700 700 . (700 C- 700 OA O 6/1/19 500 C. 500 500 500 500 OA 6/5/19 20.000 /20 D001 20000 FA 3