On 30 June 2019, the accountant for Nigel the Maintenance Man calculated that 1 month’s interest of $420 had accrued on a bank loan. An interest payment of $1600 was made on 30 September 2019.

Required

(a) Give the adjusting entry needed on 30 June 2019.

(b) Give the closing entry.

(c) Give the reversing entry that could be made on 1 July 2019 and the subsequent entry to record the payment on 30 September 2019.

(d) Assuming that no reversing entry was made, give the entry to record the interest payment on 30 September 2019.