Give the entry to accrue bond interest on Third's bonds payable on December 31, 2016. Third Corporation

Question:

Give the entry to accrue bond interest on Third's bonds payable on December 31, 2016.
Third issued $600,000 of its 7 percent bonds payable on April 1, 2016. The bonds were issued at face value. Interest is payable semiannually on October 1 and April 1.
Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...