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[The following information applies to the questions displayed below.] Schlitterbahn Waterslide Company issued 28,000, 10-year, 6 percent, $100 bonds on January 1 at face value.

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[The following information applies to the questions displayed below.] Schlitterbahn Waterslide Company issued 28,000, 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 . Prepare the joumal 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.) Journal entry worksheet Schlitterbahn Waterslide Company issued 28,000,10-year, 6 percent, $100 bonds on January 1 at face value. Interest is payable each December 31 . Record the issuance of 28,000 bonds at face value for $100 each. Note: Enter debits before credits

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