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this is all the information the question gives me im sorry A long-term notes payable is signed on 1/1/20xx in exchange for $100,000 in cash.

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this is all the information the question gives me im sorry image text in transcribed
A long-term notes payable is signed on 1/1/20xx in exchange for $100,000 in cash. Principal in the amount of $14,000 is due annually on 12/31 with interest paid monthly. When the loan is originally recorded on 1/1, what is the credit to the long-term notes payable account? Fill in the blank with your calculated number. DO NOT include commas, $ signs, period, decimal points, etc., just enter the raw number. Webcourses will add commas to your answer automatically. For example, if you calculated the answer to be $24,123, you would only input: 24123 A long-term notes payable is signed on 1/1/20xx in exchange for $100,000 in cash. Principal in the amount of $14,000 is due annually on 12/31 with interest paid monthly. When the loan is originally recorded on 1/1, what is the credit to the long-term notes payable account? Fill in the blank with your calculated number. DO NOT include commas, $ signs, period, decimal points, etc., just enter the raw number. Webcourses will add commas to your answer automatically. For example, if you calculated the answer to be $24,123, you would only input: 24123

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