Journal entry worksheet Schlitterbahn Waterslide Company issued 31,000, 10-year, 4 percent, $100 bonds on January 1 at face value. Interest is payable each December 31 . Record the issuance of 31,000 bonds at face value for $100 each. Note: Enter debits before credits. Journal entry worksheet Schlitterbahn Waterslide Company issued 31,000, 10-year, 4 percent, $100 bonds on January 1 at face value. Interest is payable each December 31 . Record the interest payment on December 31. Note: Enter debits before credits