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

question 86

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

High Initial Price

A pricing strategy where a new product is introduced to the market at a high price point to recuperate development costs and target early adopters.

3M

3M is a multinational conglomerate corporation known for its research and development of thousands of products, including adhesives, abrasives, laminates, passive fire protection, and personal protective equipment.

Primary Demand

The demand for a product category as a whole, rather than for a specific brand within that category.

"Get Cracking"

An idiomatic expression encouraging someone to start or speed up their work.