Chaloux Company borrowed $54,000 from National bank on September 1 for three months; 6% interest is payable the first of each month, starting October 1. Chaloux's year end is October 31 and the company records adjusting entries only at that time. Prepare journal entry to record the receipt of the bank loan on September 1. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.) Date Account Titles and Explanation September 1 Cash Bank Loan Payable eTextbook and Media List of Accounts Debit 54000 Credit 54000 Prepare journal entries to record: (1) the payment of interest on October 1, (2) the accrual of interest expense on October 31, (3) the payment of interest on November 1, and (4) the payment of interest on December 1. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.)