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

question 14

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 nature of the account (permanent/temporary).
Example:
$$\begin{array} { | l | l | c | c | c | } \hline & \text { Column 1 } & \text { Column } 2 & \text { Column } 3 & \text { Column } 4 \\\hline \text { Cash } & \text { asset } & \text { debit } & \text { palance sheet } & \text { permanent } \\\hline\end{array}$$
- $$\begin{array} { | l | l | l | l | l | } \hline & \text { Column 1 } & \text { Column 2 } & \text { Column 3 } & \text { Column 4 } \\\hline \text { Prepaid Rent } & & & & \\\hline\end{array}$$

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Definitions:

Working Capital

The difference between a company’s current assets and current liabilities, indicating the short-term financial health and operational efficiency.

Year-End Balance Sheet

A financial statement that summarizes a company's assets, liabilities, and shareholders' equity at the end of a fiscal year.

Data

Information collected for analysis, reference, or computation, often used to inform decision-making or research.

Dividend Yield

A metric indicating the annual dividends a company distributes in relation to its stock price.