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Parmlee Inc. has several assets and liabilities on its balance sheet. For each of the...

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Finance

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).

CA/CL/LTA/LTL/COL

a. 15 year lease obligation a. ________

b. Amounts owed to the utility company b. ________

c. building owed by the company c. ________

d. Current portion of long-term debt d. ________

*can you please write the answer not pic , thank you

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