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On march 1, 2024 Lewis Services issued a 7% long - term notes payable: On March 1, 2024, Lewis Services issued a 7% long -

On march 1, 2024 Lewis Services issued a 7% long - term notes payable:

On March 1, 2024, Lewis Services issued a 7\% long - term notes payable for $16,000. It is payable over a 4 - year term in $4,000 principal installments on March 1 of each year, beginning March 1, 2025. Which of the following entries needs to be made on March 1, 2024

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