Required information [The following information applies to the questions displayed below.] Schlitterbahn Waterslide Company issued 38,000,10-year, 6 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: 1. Indicate the effects of the amounts for the above transactions. (Enter any decreases to assets, liabilities, or stockholders equity with a minus sign.) Required information [The following information applies to the questions displayed below.] Schlitterbahn Waterslide Company issued 38,000 , 10-year, 6 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. quired: 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.) Journal entry worksheet Schlitterbahn Waterslide Company issued 38,000,10-year, 6 percent, $100 bonds on January 1 at face value. Interest is payable each December 31 . Record the issuance of 38,000 bonds at face value for $100 each. Note: Enter debits before credits