Question: On March 1, 2018, Barker Services issued a 9% long-term notes payable for $24.000. It is payable over a 6-year term in $6,000 annual principal

On March 1, 2018, Barker Services issued a 9% long-term notes payable for $24.000. It is payable over a 6-year term in $6,000 annual principal payments on March 1 of each year plus interest beginning March 1 2019. How will the notes payable be shown on the balance sheet dated December 31, 2018? O A. $6,000 shown as current liability and $18,000 shown as long-term liability O B. $24,000 shown as current liability only O C. $6,000 shown as current liability and $24,000 shown as long-term liability OD. the entire $24,000 shown as long-term liability

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