Question: I just need help finding assests for cash (b) Required information (The following information applies to the questions displayed below) Schlitterbahn Waterslide Company issued 28,000,
I just need help finding assests for cash (b)
Required information (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 (The issuance of these bonds on January 1, (6) The first interest payment on December 31 Required: 1. Indicate the effects of the amounts for the above transactions. (Enter any decreases to assets, liabilities, or stockholders equity with a minus sign.) Assets Liabilities (a) Cash (b) Cash 2,800,000 Bonds Payable Stockholders' Eq 2.800.000 - interest Expense
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