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

question 66

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).
- $$\begin{array} { | l | l | l | l | l | } \hline & \text { Column 1 } & \text { Column 2 } & \text { Column 3 } & \text { Column 4 } \\\hline \text { Purchases } & & & & \\\hline\end{array}$$

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Definitions:

Group Affiliations

The connections or associations an individual has with different groups, like social, professional, or religious organizations.

Task Force

A temporary group of individuals brought together to accomplish a specific goal or address a particular problem.

Royal Dutch/Shell Group

A global group of energy and petrochemical companies, known for its innovation in oil, gas, and renewables.

Business Plan

A detailed document outlining the goals, strategies, financial projections, and operational structure of a business intended to guide its growth and development.