Record interest on commercial paper in 2025. Note: Enter debits before credits. Record a revolving credit agreement negotiated with Parish Bank that can be renewed annually upon bank approval. The amount available under the line of credit is $20 million at the bank's prime rate. Note: Enter debits before credits. Record the issuance of $10 million of commercial paper on a nine-month note, supported by the credit line. Interest was discounted at issuance at a 9% discount rate. Note: Enter debits before credits. Record necessary adjusting entry to accrue interest on December 31. Note: Enter debits before credits.