Bright Spark Electrician took out a loan on 1 February 2020 for $100,000 with interest at 6% per annum payable quarterly. Required a) General Journal entries for interest payments on April 30, July 31 and October 31 b) General journal entry for the balance day adjustment on 31 December c) General Journal entry for the closing entry on 31 December d) General Journal entry for the reversing entry on 1 January 2021 e) What is the purpose of the closing entry f) What is the purpose of the reversing entry