The following selected transactions relate to liabilities of United Insulation corporation. United's fiscal year ends on December 31. 2018. December 1. Supported by the credit line, issued$10 million of commercial paper on a nine- month note. Interest was discounted at issuance at a 9% discount rate. December 31. Recorded any necessary adjusting entry(s). Required:: Prepare the appropriate journal entries through the maturity of each liability for the 2018.