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Check my work 2 Exercise 13-3 (Algo) Short-term notes (LO13-2] The following selected transactions relate to liabilities of United Insulation Corporation. United's fiscal year ends

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Check my work 2 Exercise 13-3 (Algo) Short-term notes (LO13-2] The following selected transactions relate to liabilities of United Insulation Corporation. United's fiscal year ends on December 31. 25 points 2021 approval. The amount available under the line of credit is $28.5 million at the bank's prime rate. 1 Arranged a three-month bank loan of $5.8 million with Parish Bank under the 1ine of credit agreement. Interest at the prime rate of 10% was payable at maturity. 1 Paid the 10% note at maturity. 1 Supported by the credit line, issued $17.e million of commercial paper on a nine-month note. Interest was discounted at issuance at a 9 % discount rate. 31 Recorded any necessary adjusting entry(s). Jan. 13 Negotiated a revolving credit agreement with Parish Bank that can be renewed annually upon bank 023513 Feb. ellook May Dec. Hint Print 2022 References Sept. 1 Paid the commercial paper at maturity. Required: Prepare the appropriate journal entries through the maturity of each liability. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Do not round intermediate calculations. Enter your answers in whole dollars.)

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