Rainey Enterprises loaned $20.000 to Small Company on June 1, Year 1, for one year at 6 percent interest. Required a. Record these general journal entries for Rainey Enterprises: (1) The loan to Small Company (2) The adjusting entry at December 31, Year 1. (3) The adjusting entry and collection of the note on June 1, Year 2. b. Show the effects of the three given transactions in a horizontal statements model. Complete this question by entering your answers in the tabs below. b. Show the eflects of the three given transactions in a horizontal statements modet, Complete this question by entering your answers in the tabs below. Show the effects of the three geven trangactions in a harizontal stotements model. (In the Statement of Cash flows column, use the intlals OA to designate caecating activity, iA for imesting activity, Fa for financing activity, and kave blank to indicate the element is not affected by the event Enter any decresses to account batances and cash ouitifowi with a min signd