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

question 40

Essay

For each of the following, identify in Column 1 the balance the account will have in the adjusted trial balance columns (debit or credit), in Column 2 the financial statement column(s) in which the account balance will be found (income statement or balance sheet), and in Column 3 the effect the account will have on the determination of net income (increase, decrease, or none).
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Definitions:

Political Influence

The capacity to affect government actions, policies, or decisions through various forms of advocacy or persuasion.

High Birth Rate

A demographic scenario where the number of live births per thousand people in a population is significantly above the average.

Low Outgroup Marriage

The infrequent occurrence of marriages or unions between members of different social, ethnic, or cultural groups.

Linguistic Relativity

The hypothesis that the structure of a language affects its speakers' worldview or cognition.