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

question 36

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, and in column 3 the financial statement on which the account balance is reported.
- $$\begin{array} { | l | c | c | c | } \hline & \text { Column } 1 & \text { Column } 2 & \text { Column } 3 \\\hline \text { Sales Tax Payable } & & & \\\hline\end{array}$$

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Definitions:

Politically Powerful

Describes individuals or groups that have significant influence over political decisions and policy-making processes.

Government's Social Policies

Strategies and measures developed by a government to address social issues like health, education, housing, and welfare.

Poverty

A state or condition in which a person or community lacks the financial resources and essentials for a minimum standard of living.

Elderly Americans

Individuals in the United States typically aged 65 and older, often focusing on issues related to retirement, healthcare, and social security benefits.