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Schlitterbahn Waterslide Company issued 39,000,10-year, 7 percent, $100 bonds on January 1 at face value. Interest is payable each December 31 . (a) The issuance
Schlitterbahn Waterslide Company issued 39,000,10-year, 7 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. qulred: Prepare the journal entries related for the above transactions. (If no entry ls requlred for o tronsectlon/event, select "No journol entry requlred" In the flrst occount fleld.) Journal entry worksheet 2 Schlitterbahn Waterslide Company issued 39,000, 10-year, 7 percent, $100 bonds on January 1 at face value. Interest is payable each December 31. Record the issuance of 39,000 bonds at face value for $100 each. Note: Enter debits before credits. Journal entry worksheet 1 Schlitterbahn Waterslide Company issued 39,000, 10-year, 7 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
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