The following selected transactions relate to liabilities of United Insulation Corporation. United's fiscal year ends on December 31 2018 Jan. 13 Negotiated a revolving credit agreement with Parish Bank that can be renewed annually upon bank approval. The Feb. 1 Arranged a three-month bank loan of $6.2 million with Parish Bank under the line of credit agreement. Interest May 1 Paid the 13% note at maturity. amount available under the line of credit is $27.0 million at the bank' s prime rate at the prime rate o 133 Was payable at maturity Dec. 1 Supported by the credit line, issued $14.9 million of commercial paper on a nine-month note. Interest was discounted at 133uance at a 12% di3count rate. 31 Recorded any necessary adjusting entry (s) 2019 Sept. 1 Paid the commercial paper at maturity. Required Prepare the appropriate journal entries through the maturity of each liability 2018 and 2019. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Do not round intermediate calculations. Enter your answers in whole dollars.) View transaction list Journal entry worksheet 4 Record necessary adjusting entry to accrue interest on December 31 Note: Enter debits before credits Date General Journal Debit Credit Dec 31, 2018