A -receivables Help Save 8 Rainey Enterprises loaned $20,000 to Small Co. on June 1, 2018, for one year at 6 percent interest Required Show the effects of the following transactions in a horizontal statements. In the Cash Flow column, indicate whether the item is an operating activity (OA), an investing activity (IA), or a financing activity (FA). The letters NA indicate that an element is not affected by the event. (Do not round intermediate calculations. Enter any decreases to account balances and cash outflows with a minus sign.) (1) The loan to Small Co (2) The adjusting entry at December 31, 2018, (3) The adjusting entry and collection of the note on June 1, 2019 Horizontal Statements Model Assets Equity Retained Revenue -Expense Income Statement Statement of Cas Flow Interest Cash Notes Net Income 12/31/101 o search