The following transactions took place for Smart Solutions Inc. 2014 a July Loaned $64,000 to an employee of the company and received back a one-year, 9 percent note. b Dec. 31 Accrued interest on the note. 2015 JulyReceived interest on the note. (No interest has been recorded since December 31.) d. JulyReceived principal on the note. Required: Prepare the journal entries that Smart Solutions Inc. would record for the above transactions. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet Record the receipt of a note on July 1, 2014 for a $64,000 loan to an employee. Note: Enter debits before credits Date General Journal Debit Credit Jul 01, 2014