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Required information [The following information applies to the questions displayed below.] Schlitterbahn Waterslide Company issued 43,000, 10-year, 6 percent, $100 bonds on January 1 at
Required information [The following information applies to the questions displayed below.] Schlitterbahn Waterslide Company issued 43,000, 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 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.) View transaction list Journal entry worksheet 2 Schlitterbahn Waterslide Company issued 43,000, 10-year, 6 percent, $100 bonds on January 1 at face value. Interest is payable each December 31. Record the issuance of 43,000 bonds at face value for $100 each Note: Enter debits before credits. Date General Journal Debit Credit January 01 Schlitterbahn Waterslide Company issued 43,000, 10-year, 6 percent, $100 bonds on January 1 at face value. Interest is payable each December 31 Record the interest payment on December 31 Note: Enter debits before credits. Date General Journal Debit Credit December 31 Record entry Clear entry View general journal
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