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Schlitterbahn Waterslide Company issued 29,000, 10-year, 7 percent, $100 bonds on January 1 at face value....

Schlitterbahn Waterslide Company issued 29,000, 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. 3.value: 1.25 pointsRequired information 1. Indicate the effects of the amounts for the above transactions. (Enter any decreases to account balances with a minus sign.)

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