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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 in which the account balance is reported, and in Column 4 the account's nature (permanent/temporary).
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Sales Estimate
An approximate calculation or judgment of the amount of sales a company expects to achieve in a specific period.
Net Working Capital
A measure of a company's liquidity, operational efficiency, and short-term financial health, calculated as current assets minus current liabilities.
Current Ratio
A liquidity ratio that measures a company's ability to cover its short-term obligations with its current assets.
Long-Term Debt
Debt that is due for payment after more than one year, often used for financing or expanding the company.
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