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

question 86

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

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Definitions:

Evaluate

To determine the value of an expression by computing its numerical value.

Calculate

Perform mathematical operations to find a numerical answer.

Solve

Refers to finding the answer or explanation for a problem or equation.

Evaluate

The process of calculating the value of an expression.