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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

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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 o1 2 is payable each December 31 (a) The issuance of these bonds on January 1 (b) The first interest payment on December 31 1. Indicate the effects of the amounts for the above transactions. (Enter any decreases to assets, liabilities, or stockholders equity with a minus sign.) As

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