On march 1, 2018, lewis services issued a 6% long-term notes payable for $18,000. it is payableover a 3-year term in $6000 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? a) long-term notes payable 6000cash 6000b) cash 18,000long-term notes payable 18,000c) current portion of long-term notes payable 18,000long-term notes payable 18,000d) long-term notes payable 18,000accounts payable 18,000

Which of the following best explains how the invention of money affected the barter system? a. the invention of money supplemented the barter system by providing a nonperishable medium of exchange b. the invention of money completely replaced the barter system with a free-market system c. the invention of money had no effect on the barter system d. the invention of money drastically reduced the value of goods used in the barter system 2b2t

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You are attending college in the fall and you need to purchase a computer. you must finance the purchase because your parents will not purchase it for you, and you do not have the cash on hand to purchase it. in blank #1 determine which type of credit would you use to finance your purchase (installment, non-installment, or revolving credit). (2 points) in blank #2 defend your credit choice by explaining why your financing option is the best option for you. (2 points) in blank #3 explain why you selected that credit option over the other two options available. (2 points)