January The following selected transactions relate to liabilities of Food Emporium whose fiscal year ends on December 31. 26 Negotiated a line of credit with City Bank that can be renewed annually upon bank approval. The amount available under the line of credit is $14.60 million at the bank's prime rate. March 1 Arranged a six-month bank loan of $400,0ee with City Bank under the line of credit agreement. Interest at the prime rate of 8% is payable at maturity. September i Paid the 8% note at maturity. Record the appropriate entries, if any, on January 26, March 1, and September 1 (Enter your answers in dollars, not in millions. Do not round Intermediate calculations. If no entry is required for a particular transaction/event, select "No Journal Entry Required" In the first account field.) View transaction list Journal entry worksheet Negotiated a line of credit with City Bank that can be renewed annually upon bank approval. The amount available under the line of credit is $14.50 million at the bank's prime rate. Record appropriate entry if necessary. Note: Enter debits before credits Date General Journal Debit Credit January 20 Record entry Clear entry View general journal Journal entry worksheet 1 2 3 > Arranged a six-month bank loan of $400,000 with City Bank under the line of credit agreement. Interest at the prime rate of 8% is payable at maturity. Record appropriate entry if necessary. Note: Enter debits before credits. Date General Journal Debit Credit March 01 Record entry Clear entry View general journal Journal entry worksheet