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.
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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