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Required information The following information applies to the questions displayed below) Schlitterbahn Waterslide Company issued 25.000, 10-year, 5 percent, $100 bonds on January 1 at

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Required information The following information applies to the questions displayed below) Schlitterbahn Waterslide Company issued 25.000, 10-year, 5 percent, $100 bonds on January 1 at face value Interestis payable each December 31 (a) The issuance of these bonds on January 1 (6) The first interest payment on December 31 dicate the effects of the amounts for the above transactions (Enter any decreases to assets, liabilities, or stockholders equity ith a minus sign.) Assets Liabilities Stockholders' Equity Required information The following information applies to the questions displayed below! Schlitterbahn Waterslide Company issued 25,000, 10 year, 5 percent, $100 bonds on Januarytat face value. Interests payable each December 31 (a) The issuance of these bonds on January 1 (b) The first interest payment on December 31. 2. 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 25,000, 10-year, 5 percent, $100 bonds on January 1 at face value. Interest is payable each December 31. Record the issuance of 25,000 bonds at face value for $100 each. Note: Enter debits before credits. Date General Journal Debit Credit January 01 Journal entry worksheet

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