The Entry to Record an Installment Payment on a Long-Term $\quad$

Short Answer

The entry to record an installment payment on a long-term note payable is a. Mortgage Payable
$\quad$ $\quad$ Cash
b. Interest Expense
$\quad$ $\quad$ Cash
c. Mortgage Payable
$\quad$ Interest Expense
$\quad$ $\quad$ Cash
d. Bonds Payable
$\quad$ $\quad$ Cash