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

question 100

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 nature of the account (permanent/temporary).
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Definitions:

Limited Liability

A legal principle that limits an investor's or owner's financial loss in a business venture to the amount of capital they have invested.

Carelessness

The lack of attention or consideration for the consequences of one's actions, often leading to mistakes or accidents.

Barber Shop

A place of business where people primarily go to get their hair cut, often offering additional grooming services for men.

Likelihood Of Success

An assessment of the potential to achieve a desired outcome, often used in legal contexts to evaluate the chances of winning a case.