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

question 122

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:
$$\begin{array} { | l | l | c | c | c | } \hline & \text { Column 1 } & \text { Column } 2 & \text { Column } 3 & \text { Column } 4 \\\hline \text { Cash } & \text { asset } & \text { debit } & \text { palance sheet } & \text { permanent } \\\hline\end{array}$$
- $$\begin{array} { | l | l | l | l | l | } \hline & \text { Column } 1 & \text { Column } 2 & \text { Column } 3 & \text { Column } 4 \\\hline \text { Accumulated } & & & & \\\text { Depreciation } & & & & \\\hline\end{array}$$

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Definitions:

Minimum Wage

The lowest hourly pay that employers can legally give to workers.

Protected Health Information

Information about health status, provision of health care, or payment for health care that can be linked to an individual.

Employer Identification Number

A unique nine-digit number assigned by the IRS to businesses for purposes of identification and tax reporting.

Internal Revenue Service

The United States government agency responsible for the collection of taxes and enforcement of tax laws.