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?

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The Answer of 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?

On March 1,2018,Lewis Services Issued a 6% Long-Term Notes Payable