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. 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 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. 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 interest payment on December 31. Note: Enter debits before credits