On March 1,2015,Vantage Services issued a 5% long-term notes payable for $15,000.It is payable over a 3-year term in $5,000 principal installments on March 1 of each year,beginning March 1,2016.Which of the following entries needs to be made at March 1,2015?

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The Answer of On March 1,2015,Vantage Services issued a 5% long-term notes payable for $15,000.It is payable over a 3-year term in $5,000 principal installments on March 1 of each year,beginning March 1,2016.Which of the following entries needs to be made at March 1,2015?

On March 1,2015,Vantage Services Issued a 5% Long-Term Notes Payable