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Schlitterbahn Waterslide Company issued 30,000, 10-year, 8 percent, $100 bonds on January 1 at face...

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Accounting

Schlitterbahn Waterslide Company issued 30,000, 10-year, 8 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.

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Schlitterbahn Waterslide Company issued 30,000, 10-year, 8 percent, $100 bonds on January 1 at face value. Interest is payable each December 31 Record the issuance of 30,000 bonds at face value for $100 each. Note: Enter debits before credits. Date General Journal Debit Credit January 01 Schlitterbahn Waterslide Company issued 30,000, 10-year, 8 percent, $100 bonds on January 1 at face value. Interest is payable each December 31 Record the interest payment on December 31, 2013 Note: Enter debits before credits. Date General Journal Debit Credit December 31

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