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o Question 7 (of 7) M10-11 Recording Bonds Issued at Face Value [LO 10-3] The following information applies to the questions displayed below Schlitterbahn Waterslide

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o Question 7 (of 7) M10-11 Recording Bonds Issued at Face Value [LO 10-3] The following information applies to the questions displayed below Schlitterbahn Waterslide Company issued 26,000, 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. References Section BreakM10-11 Recording Bonds Issued at Face Value [LO 10-3 value: 0.74 points Required M10-11 Part 2 2. Prepare the journal entries related for the above transactions. (If no entry is required for a action/event select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet 2 Schlitterbahn Waterslide Company issued 26,000, 10-year, 4 percent, $100 bonds on January 1 at face value. Interest is payable each December 31. Record the issuance of 26,000 bonds at face value for $100 each. Note: Enter debits before credits Date Debit Credit General Journal January 01 View general journal Clear entry Record entry

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