The following transactions took place for Smart Solutions Inc. 2017 Guy Loaned $27. eee to an employee of the company and received back a one-year, 9 percent note. 6. Dec. 31 Accrued interest on the note. 2018 July 1 Received interest on the note. (No interest has been recorded since December 31. ) del July 1 Received principal on the note. Required: Prepare the journal entries that Smart Solutions Inc. would record for the above transactions. Of no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list View journal entry worksheet No General Journal Debit Credit Date Jul 01, 2017 77 000 Notes Receivable Cash 77,000 2 Dec 31, 2017 Interest Receivable Interest Revenue 3 Jul 01, 2018 Cash Interest Receivable Interest Revenue 77.000 Jul 01. 2018 Cash 77,000 Notes Receivable