Required information [The following information applies to the questions displayed below] Schiltterbahn Waterslide Company issued 42,000,10-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 . Journal entry worksheet Schlitterbahn Waterslide Company issued 42,000,10-year, 5 percent, $100 bonds on January 1 at face value. Interest is payable each December 31 . Record the issuance of 42,000 bonds at face value for $100 each. Note: Enter debits before creaits. Journal entry worksheet Schlitterbahn Waterslide Company issued 42,000,10-year, 5 percent, $100 bonds on January 1 at face value. Interest is payable each December 31. Record the "erest payment on December 31. Note: Enter debits before credits