The following selected transactions relate to liabilities of United Insulation Corporation. United’s fiscal year ends on December 31.

Required:
Prepare the appropriate journal entries through the maturity of each liability.

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2024 Jan. 13 Feb. 1 May 1 Dec. 1 31 2025 Sept. 1 Negotiated a revolving credit agreement 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. Arranged a three-month bank loan of $5 million with Parish Bank under the line of credit agreement. Interest at the prime rate of 10% was payable at maturity. Paid the 10% note at maturity. 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. Recorded any necessary adjusting entry(s). Paid the commercial paper at maturity.