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 Raincy 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, Yoar 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. Record these general journal entries for Rainey Enterprises: (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) (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. Journal entry worksheet Complete this question by entering your answers in the tabs below. Record these general journal entries for Rainey Enterprises: (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) (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. Complete this question by entering your answers in the tabs below. Show the effects of the three given transactions in a horizontal statements model. (In the Statement of Cash Flows column, use the initials OA to investing activity, FA for financing activity, and leave blank to indicate the element is not affected by the event. Enter any decreases to account bal sign.) On May 1, Year 1, Benz's Sandwich Shop loaned $10,000 to Mark Henry for one year at 6 percent interest. Required a. What is Benz's interest income for Year 1? b. What is Benz's total amount of receivables at December 31, Year 1? c. How will the loan and interest be reported on Benz's Year 1 statement of cash flows? d. What is Benz's interest income for Year 2? e. What is the total amount of cash that Benz's will collect in Year 2 from Mark Henry? f. How will the loan and interest be reported on Benz's Year 2 statement of cash flows? g. What is the total amount of interest that Benz's earned on the loan to Mark Henry