Prepare journal entries to record...?

Question

Fischer Company borrowed $84,000 from the 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.

Answer 1

That is a messed up / incomplete journal (not in line with a real software accounting program). - but anyway, read the problem (again !) and work through the steps. 

Answer 2

another CHEATER. ALL YOU EVER DO IS POST CHEAT QUESTIONS