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For Each of the Following, Identify in Column 1 the Category

question 8

Essay

For each of the following, identify in Column 1 the category to which the account belongs, in Column 2 the normal balance for the account, in Column 3 the financial statement(s) on which the account balance is reported, and in Column 4 the account's nature (permanent/temporary).
-  Column 1  Column 2 Column 3 Column 4 Finished goods  inventory \begin{array} { | l | l | l | l | l | } \hline & \text { Column 1 } & \text { Column } 2 & \text { Column } 3 & \text { Column } 4 \\\hline \text { Finished goods } & & & & \\\text { inventory } & & & \\\hline\end{array}


Definitions:

Type B

refers to a personality type characterized by less competitive, more relaxed, and less easily stressed attitudes than Type A.

Hostility

A state of antagonism, anger, or aggression toward others, which can manifest in both emotional and behavioral aspects.

Impatience

A lack of patience; irritation with anything that causes delay.

Happiness

A state of well-being and contentment characterized by emotions ranging from satisfaction to intense joy.

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