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The following transactions took place for Smart Solutions Ltd. 2009 July Loaned $17000 to an employee of the company and received 1 back a one-year,

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The following transactions took place for Smart Solutions Ltd. 2009 July Loaned $17000 to an employee of the company and received 1 back a one-year, 10.4 percent note. Dec. 31 2010 July Received interest and principal on the note. (No interest has Accrued interest on the note. 1 been recorded since December 31.) Required: Prepare the journal entries that Smart Solutions Ltd. would record for the above transactions. (Round all final answers to the nearest dollar amount. Omit the "$" sign in your response.) Debit Credit General Journal Date July 1,2009 (Click to select) (Click to select) (Click to select) 31,2009 lick to select) (Click to select July 1,2010 (Click to select) (Click to select) (Click to select) (Click to select) (Click to select)

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