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On March 1, 2024. Everson Services issued a 2 long-term notes payable for $21.000 tis...

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Accounting

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On March 1, 2024. Everson Services issued a 2 long-term notes payable for $21.000 tis payable over a 3-year term in $2.000 annual principal payments on March of each years interest beginning March 1, 2025. Each yearly installment will include bom principal repayment of $7.000 and interest payment for the preceding on your period on March 1, 2025 The accounting period ends on December 31 O A. Everson will receive 57,000 as an installment payment O . Everson must pay $420 of interest to the non holder OC Everson must accre 57.000 of interest Expense OD Everson must aconse the next note payment of $7.000 as the current portion of principal payment

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