Caper HD LWORK Melo Save & Som Check my work E8-10 Recording Note Receivable Transactions, Including Accrual Adjustment for Interest (LO 8-3] The following transactions took place for Smart Solutions Inc. July Loaned 56,00 to p loyee of the company and received back b. Dec. 31 Accrued interest on the note one-year percent note d. July 1 Received interest on the note. (he interest has been recorded since December 31.) 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.) Journal entry worksheet Record the receipt of the Interest on the notes hean and in mart 2018 Prey