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:
Probability Distribution
A function used in math to estimate the chances of various outcomes in an experimental setup.
Textile Industry
A sector of the economy concerned with the production of yarn, cloth, and the subsequent design or manufacture of clothing and their distribution.
Blemishes
Imperfections or marks on a surface or object that affect its appearance or quality.
Random Variable
A variable that varies based on the results of a chance event.
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