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). for any element not affected by the event, leave the cell blank. (not every cell will require entry. 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.

Jenny​ walters, who owns a real estate​ agency, bought an old house to use as her business office. she found that the ceiling was poorly insulated and that the heat loss could be cut significantly if six inches of foam insulation were installed. she estimated that with the​ insulation, she could cut the heating bill by​ $80 per month and the​ air-conditioning cost by​ $70 per month. assuming that the summer season is three months​ (june, july, and​ august) of the year and that the winter season is another three months​ (december, january, and​ february) of the​ year, how much can jenny spend on insulation if she expects to keep the property for five​ years? assume that neither heating nor​ air-conditioning would be required during the fall and spring seasons. if she decides to install the​ insulation, it will be done at the beginning of may.​ jenny's interest rate is​ 6% compounded monthly.