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

question 61

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).
Example:
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Definitions:

Promotional Strategies

Plans designed to inform, persuade, or remind target audiences about products or services, typically aiming to enhance sales or create brand loyalty.

Idea Screening

The process of evaluating new ideas to identify those with the greatest potential for further development and success in the market.

New-product Development

The process of bringing a new product to the marketplace, from the initial idea through research and development to eventual launch.

Online Communities

Groups of people who interact and share content or interests through the internet, often via forums, social media, or specialized platforms.