Tina John and Amy Smith borrowed $33,000 on a 7 month, 6% note from Cem State Bank to open the ICS Coffee House. The money was borrowed on June 1, 2017, and the note matures January 1, Your answer is partially correct. Try again (0) Prepare a tabular summary to record the receipt of the funds from the loan. (b) Prepare a tabula summary to accrue the interest on June Jo (d) Prepare a tabular summary to record the repayment of the loan on January 1, 2018 (If a transaction causes a decrease in Assets, Liabilities or Stockholders Equity, place a negative Equity item that was reduced.) particular Asset Liability or Liabilities Retained Earnings Cash Notes Pay. Interest Pay. + Common Stock + (a) June 1, 2017 (b) June 30, 2017 Interest expense (d) Jan 1, 2018