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

question 68

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 (temporary/permanent).
- $$\begin{array} { | l | l | l | l | l | } \hline & \text { Column } 1 & \text { Column } 2 & \text { Column } 3 & \text { Column } 4 \\\hline \begin{array} { l } \text { Discount on } \\\text { notes payable }\end{array} & & & & \\\hline\end{array}$$

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Definitions:

Circular Reactions

Circular reactions are repetitive actions typical in infant development, which allow the infant to replicate a desirable outcome, contributing to learning and motor skills development.

Cognitive Development

The process by which an individual learns, acquires knowledge, and develops an ability to reason and solve problems.

Cognitive Advanced

Referring to higher levels of cognitive processes or abilities that go beyond basic functions to include complex intellectual tasks and problem-solving.

Mental Combinations

The ability of a child to form mental representations of possible combinations of objects or ideas, a key step in cognitive development.