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

question 70

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.
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Definitions:

Third Parties

Political parties that compete alongside the two dominant parties in a two-party system, often representing specific or alternative interests.

U.S. Political System

A democratic system of government characterized by a constitution, federalism, separation of powers, checks and balances, and a two-party system.

Great Depression

A severe worldwide economic downturn that took place during the 1930s, starting in the United States.

Voting Patterns

The trends or tendencies in how different groups of people tend to vote, influenced by demographic factors, political affiliations, and societal issues.