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

question 58

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 that the account in which the account balance is reported, and in column 4 the account's nature (permanent/temporary).
-

---

Definitions:

Core Values

Fundamental beliefs or guiding principles that drive a company's culture, decision-making, and actions.

Top Management

refers to the highest level of management within an organization, responsible for setting strategic goals and making key decisions.

Competitors

Other businesses that offer similar products or services within the same market and compete for the same customers.

Suppliers

Entities that provide goods or services to another organization, often playing a critical role in the supply chain.