ourse Home On March 1, 2018, Lewis Services issued a 9% long-term notes payable for $21.000. It is payable over a 3-year term in $7,000 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? urchase Option 21,000 O A. Current Portion of Long-Term Notes Payable Long-Term Notes Payable O B. Long-Term Notes Payable 21,000 Calendar 21,000 21,000 7,000 O C. Long-Term Notes Payable Cash OD. Cash Long-Term Notes Payable 7,000 21,000 7 of 7 questions 21,000