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Required information

$[$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 $31.$

Required:

Indicate the effects of the amounts for the above transactions. $($Enter any decreases to assets, liabilities, or stockholders equity with a minus sign.$)$