Schlitterbahn Waterslide Company issued 31,000, 10-year, 4 percent, $100 bonds on January 1 at face value. Interest is payable each December 31.

1. (a) The issuance of these bonds on January 1.

2. (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.)

! Required information [The following information applies to the questions displayed below.) Schlitterbahn Waterslide Company issued 31,000, 10-year, 4 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.) 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 Schlitterbahn Waterslide Company issued 31,000, 10-year, 4 percent, $100 bonds on January 1 at face value. Interest is payable each December 31. Record the issuance of 31,000 bonds at face value for $100 each. Note: Enter debits before credits. Date General Journal Debit Credit January 01 Record entry Clear entry View general Journal