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On April 1, Online Travel issues $12.2 million of commercial paper with a maturity on December 31 and a 7% interest rate. Record the issuance

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On April 1, Online Travel issues $12.2 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 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.)

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