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

question 44

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 that the account in which the account balance is reported, and in column 4 the account's nature (permanent/temporary).
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Definitions:

Psychological Contract

The unwritten, implicit agreements and expectations between an employer and employees regarding treatment, responsibilities, and benefits.

Social Contract

A theoretical agreement within a society regarding the rights and duties of the state and its citizens, often used to justify political or moral obligations.

Labor Utilization

The strategic use and management of human resources to optimize productivity and efficiency in the workplace.

Work Hours

The duration of time that employees spend performing their job duties during a given day or week.