Parmlee Inc $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$

Essay

Parmlee Inc.has several assets and liabilities on its balance sheet.For each of the items below,decide whether it is a current asset (CA),current liability (CL),long-term asset (LTA),long-term liability(LTL),or contra-liability (COL).
$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\text{ CA/CL/LTA/LTL/COL }$
a. 15 year lease obli gation $\quad$$\quad$$\quad$$\quad$$\quad$$\quad$ $\quad$ $\quad$ $\quad$ a.-----------

b. Discount on bonds payable $\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$ $\quad$ b.-----------

c. Amcunts owed to the utility company $\quad$$\quad$$\quad$$\quad$$\quad$ c.-----------

d. A leased asset $\quad$$\quad$$\quad$$\quad$$\quad$$\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ d.-----------

e. Current portion of longy-term debt $\quad$$\quad$$\quad$$\quad$$\quad$$\quad$ e. -----------

f. An asset witha lease term of $75 \%$ of the $\quad$$\quad$$\quad$$\quad$$\quad$ f.-----------