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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 that the account in which the account balance is reported, and in column 4 the account's nature (permanent/temporary).
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Class Analysis
An examination of societies based on the hierarchical categorization of individuals into classes, typically determined by wealth, occupation, and social status.
Functionalist Analysis
A sociological approach that interprets each part of society in terms of how it contributes to the stability of the whole society.
Stratification
The arrangement or classification of something into different groups, levels, or ranks, often used to describe social hierarchies.
Class Analysis
The examination of societal strata and its implications on individuals' lifestyles, opportunities, and social relationships, often focusing on inequalities.
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