Required information [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. equired: Prepare the journal entries related for the above transactions. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) 1 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. $100 31. 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 interest payment on December 31