On March 1, 2018, Lewis Services Issued a 6% Long-Term $$\begin{array} { | c | r | r | } \hline \text { Long-Term Notes Payable } & 6000 & \\\hline \text { Cash } & & 6000 \\\hline\end{array}$$

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) $$\begin{array} { | c | r | r | } \hline \text { Long-Term Notes Payable } & 6000 & \\\hline \text { Cash } & & 6000 \\\hline\end{array}$$
B) $$\begin{array} { | c | r | r | } \hline \text { Current Portion of Long-Term Notes Payable } & 18,000 & \\\hline \text { Long-Term Notes Payable } & & 18,000 \\\hline\end{array}$$
C) $$\begin{array} { | c | r | r | } \hline \text { Long-Term Notes Payable } & 18,000 & \\\hline \text { Accounts Payable } & & 18,000 \\\hline\end{array}$$
D) $$\begin{array} { | l | r | r | } \hline \text { Cash } & 18,000 & \\\hline \text { Long-Term Notes Payable } & & 18,000 \\\hline\end{array}$$