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, and in Column 3 the financial statement that the account appears upon.
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Definitions:
Owning Things
The act of possessing or having property, goods, or assets.
Liquid Approach
A flexible, adaptable strategy or methodology, often in business or creative endeavors, that allows for seamless changes in direction or concept.
Luxury Branding
The process of marketing products or services as luxury items, characterized by their quality, exclusivity, and accompanying prestige.
Critical Networks
Essential systems or networks of connections that are vital for the operation of a community, organization, or system, often relating to infrastructure or communication.
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