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

question 24

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 that the account appears upon.
- $$\begin{array} { | l | l | l | l | } \hline & \text { Column 1 } & \text { Column 2 } & \text { Column 3 } \\\hline \text { Building } & & & \\\hline\end{array}$$

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Definitions:

B2B Organization

A business that primarily sells products or services to other businesses rather than to individual consumers.

Reseller

A reseller is an entity that purchases goods or services with the intention of selling them to others, rather than consuming or using them.

Request For Proposals

It is a document issued by a business or organization inviting suppliers or service providers to submit a proposal on a specific service or product requirement.

B2B Buying Process

The decision-making process by businesses when purchasing goods or services from other businesses, involving several stages from need identification to post-purchase evaluation.