Question 77 of 100 A hospitality company is the maker of an $18,000 note to be...

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Question 77 of 100 A hospitality company is the maker of an $18,000 note to be paid in quarterly installments of $3,000 each. The first payment is to be made on June 30. How will the note be represented on the balance sheet for May 31? OA. $18,000 long-term liability O B. $3,000 expense, $15,000 long-term liability OC. $3,000 expense, $9,000 current liability, $6,000 long-term liability OD. $12,000 current liability, $6,000 long-term liability R Question 77 of 100 A hospitality company is the maker of an $18,000 note to be paid in quarterly installments of $3,000 each. The first payment is to be made on June 30. How will the note be represented on the balance sheet for May 31? OA. $18,000 long-term liability O B. $3,000 expense, $15,000 long-term liability OC. $3,000 expense, $9,000 current liability, $6,000 long-term liability OD. $12,000 current liability, $6,000 long-term liability R