The following transactions took place for Smart Solutions Inc. 2017 a. July 1 Loaned $75,000 to an employee of the company and received back a one-year, 8 percent note. b. Dec. 31 Accrued interest on the note. 2018 c. July 1 Received interest on the note. (No interest has been recorded since December 31.) d. July 1 Received 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.) View transaction list 25 Journal entry worksheet 2 3 4 Record the receipt of the interest on the note's maturity date. No interest has been recorded since December 31, 2018. Note: Enter debits before credits. Date General Journal Debit Credit Jul 01, 2018 Record entry Clear entry View general journal View transaction list Journal entry worksheet 1 2 3 Record the receipt of the payment for the full principal. Note: Enter debits before credits. Date General Journal Debit Credit Jul 01, 2018 Record entry Clear entry View general Journal