Identify the balance sheet classifications for Lancer Corporation's bond accounts at the end of 2019.

Bond interest payable	$68,750	AnswerContra current liabilityContra long-term liabilityCurrent liabilityLong-term liability
9% Bonds payable due 2021	1,650,000	AnswerContra current liabilityContra long-term liabilityCurrent liabilityLong-term liability
10% Bonds payable due 2023	1,375,000	AnswerContra current liabilityContra long-term liabilityCurrent liabilityLong-term liability
Discount on 9% bonds payable	52,250	AnswerContra current liabilityContra long-term liabilityCurrent liabilityLong-term liability
Premium on 10% bonds payable	41,250	AnswerContra current liabilityContra long-term liabilityCurrent liabilityLong-term liability
Zero coupon bonds payable due 2025	468,875	AnswerContra current liabilityContra long-term liabilityCurrent liabilityLong-term liability
8% Bonds payable due 2027	275,000	AnswerContra current liabilityContra long-term liabilityCurrent liabilityLong-term liability

Prepare the long-term liabilities section of the balance sheet. List the accounts in order of maturity (earlies to latest). Bonds sold at a premium or discount should be listed at net book value.