ACC111-Schlitterbahn Waterslide Company issued 25,000

Question # 00364044 Posted By: solutionshere Updated on: 08/17/2016 03:01 AM Due on: 08/17/2016
Subject Accounting Topic Accounting Tutorials:
Question
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Schlitterbahn Waterslide Company issued 25,000, 10-year, 5 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.

6. value:

10.00 points Required information

1.

Indicate the effects of the amounts for the above transactions. (Enter any decreases to account balances with a minus sign.)

assessts = Liabilities + stock holder's equity
a._______________ ________________ ________________
b________________ _________________ ________________


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