On march 1, 2018, lewis services issued a 6% long-term notes payable for $18,000. it is payable
over a 3-year term in $6000 principal installments on march 1 of each year, beginning march 1, 2019.
which of the following entries needs to be made on march 1, 2018?
a) long-term notes payable 6000
cash 6000
b) cash 18,000
long-term notes payable 18,000
c) current portion of long-term notes payable 18,000
long-term notes payable 18,000
d) long-term notes payable 18,000
accounts payable 18,000