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

question 32

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 in which the account balance is reported, and in Column 4 the account's nature (permanent/temporary).
-  Column 1  Column 2 Column 3 Column 4 Purchase  discounts \begin{array} { | l | l | l | l | l | } \hline & \text { Column 1 } & \text { Column } 2 & \text { Column } 3 & \text { Column } 4 \\\hline \begin{array} { l } \text { Purchase } \\\text { discounts }\end{array} & & & & \\\hline\end{array}


Definitions:

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