M10-11 Recording Bonds issued at Face Value [LO 10-3) The following information applies to the questions displayed below.) Schlitterbahn Waterslide Company issued 25,000, 10-year, 5 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 M10-11 Part 2 2. Prepare the journal entries related for bove transactions. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet