On April 1, Online Travel issues $11.9 million of commercial paper with a maturity on December 31 and a 7% interest rate.

Record the issuance of the commercial paper and its repayment at maturity. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Enter your answers in dollars, not in millions (i.e. 5 should be entered as 5,000,000).)