Fischer Company borrowed $57,600 from National bank on August 1 for three months; 5% interest is payable the first of each month, starting September...

Fischer Company borrowed $57,600 from National bank on August 1 for three months; 5% interest is payable the first of each month, starting September 1. Fischer's year end is September 30 and the company records adjusting entries only at that time.

Prepare journal entries to record: (1) the payment of interest on September 1, (2) the accrual of interest on September 30, (3) the payment of interest on October 1, and (4) the payment of interest on November 1.