Give the entry in general journal form to record the interest payment on October 1, 2019. Third

Question:

Give the entry in general journal form to record the interest payment on October 1, 2019.

Third Corporation issued $500,000 of its 6 percent bonds payable on April 1, 2019. 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...