Wang Corporation issued $25 million of commercial paper on March 1 on a nine-month note. Interest was discounted at issuance at a 14% discount rate. Prepare the journal entry for the issuance of the commercial paper and its repayment at maturity. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in whole dollars. View transaction list Journal entry worksheet < 1 2 3 Record the Issuance of the commercial paper. Note: Enter debits before credits. Event 1 General Journal Debit Credit Record entry Clear entry View general journal