TRANSACTION ANALYSIS: Dartmouth Ties Corporation is a merchandising company that has been in operation for two years. The company sell high$-$end ties for men. They purchase their inventory from overseas companies with fair trade agreements and sell their products in the U$.$S$.$ Below find a number of activities that occurred during the year. Please select the correct journal entry for each transaction. Transactions that are related will have the same transaction number. $($Answer Q$\mathrm{.}17$ to Q$\mathrm{.}33)$

Q$23.$ Transaction $3$A $-$ May $1,2018$: Dartmouth Ties Corporation signed a $$100,000,$ interest$-$bearing note payable. It was for two years and specified $6$ percent annual interest payable at the maturity date of the note. Indicate the correct transaction below:

A$.$

Debit: Cash Credit: Short$-$term Note Payable

B$.$

Debit: Cash Credit: Acct Payable

C$.$

Debit: Cash Credit: Long$-$term Note Payable

D$.$

Debit: Long$-$term Note Payable Credit: Cash