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

question 37

Essay

For each of the following, identify in Column 1 the balance the account will have in the adjusted trial balance columns (debit or credit), in Column 2 the financial statement column(s) in which the account balance will be found (income statement or balance sheet), and in Column 3 the effect the account will have on the determination of net income (increase, decrease, or none).
- $$\begin{array} { | l | l | l | l | } \hline & \text { Column } 1 & \text { Column } 2 & \text { Column } 3 \\\hline \begin{array} { l } \text { Depreciation } \\\text { expense }\end{array} & & & \\\hline\end{array}$$

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Definitions:

Malformations

Abnormalities in the structure of a body part or organ, often present from birth.

Embryo

Developing human from the first to the eighth week of development.

Fertilization

The process by which male and female gametes fuse to form a zygote, initiating the development of a new organism.

Endoderm

The innermost layer of cells or tissue of an embryo in early development that gives rise to the lining of the digestive and respiratory systems.