The following transactions took place for Smart Solution s Incorporated. 2020 a. July 1 Loaned $70,000 to employees of the company and received back one-year, 10 percent notes. b. December 31 Accrued interest on the notes. 2021 c. July 1 Received interest on the notes. (No interest has been recorded since December 31.) d. July 1 Received principal on the notes. Required: Prepare the journal entries that Smart.