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1 Required information Part 1 of 2 [ The following information applies to the questions displayed below. ] Schlitterbahn Waterslide Company issued 3 6 ,

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Part 1 of 2
[The following information applies to the questions displayed below.]
Schlitterbahn Waterslide Company issued 36,000,10-year, 4 percent, $100 bonds on January 1 at face value. Interest is payable each December 31.
(a) The issuance of these bonds on January 1.
(b) The first interest payment on December 31.
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Indicate the effects of the amounts for the above transactions. (Enter any decreases to assets, liabilities, or stockholders equity with a minus sign.)
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\table[[,Assets,=,Liabilities,+,Stockholders' Equity,2],[(a),,=,,+,,],[(b),,=,,+,,5]]
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