Mutiple choice: A hospitality company is the maker of an $18,000 note to be paid in quarterly installments of $3,000 each. The first payment is to be made on June 30. How will the note be represented...

Mutiple choice:

 A hospitality company is the maker of an $18,000 note to be paid in quarterly
installments of $3,000 each. The first payment is to be made on June 30. How will
the note be represented on the balance sheet for May 31?

A. $18,000 long-term liability
B. $3,000 expense, $15,000 long-term liability
C. $3,000 expense, $9,000 current liability, $6,000 long-term liability
D. $12,000 current liability, $6,000 long-term liability