Interest has accrued at 8% on the mortgage notes payable since July 1, 2019. The next six-month interest payment at 9% on the bonds is due on March 1, 2020. The discount on bonds payable has not been amortized for any part of 2019; the bonds are dated March 1, 2013, and mature March 1, 2023. Use straight line amortization for bonds discount and premiums.

Mortgage notes payable balance on 1-1-2019 is 43000 on 30-11-2019 is 113000

bonds payable (issued March 1 2013) 1-1 balance is 257000 on 30-11-2019 is 275000

additional information discount on bonds payable on 30-11 is 4400

prepare adjusting entry as on 31-12-2019