The long-term note payable bears interest at 12 % per year. The adjusted interest expense acount equals the amount paid for the first 11 months of the 2009 fiscal year. The 250 dollar accrued interest for April has not yet been paid or recorded. ( note that the company is required to make a 5,000 payment toward the note payable during the 2010 fiscal year.)
I don't know how to come up with the fiscal year if it's credit 25,000 on trail balance

The journal entry to record the amount of interest that has accrued is:
Debit Interest expense for the amount
Credit Interest Payable for the amount