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On April 1. Online Travel issues $12.6 million of commercial paper with a maturity on...

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Accounting

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On April 1. Online Travel issues $12.6 million of commercial paper with a maturity on December 31 and a 8% Interest rate Record the issuance of the commercial paper and its repayment at maturity. (If no entry is required for a particular transaction/event, select "No Journal Entry Required in the first account field. Enter your answers in dollars, not in millions (l.e. 5 should be entered as 5,000,000).) View transaction list Journal entry worksheet Record the issuance of the commercial paper. Note: Enter debits before credits General Journal Date April 01 Debit Credit Record entry Clear entry View general journal

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