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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 in which the account balance is reported, and in Column 4 the account's nature (permanent/temporary).
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Fixed Mindset
A belief that abilities, intelligence, and talents are fixed traits that cannot be significantly developed.
Growth Mindset
The belief that abilities and intelligence can be developed through dedication, hard work, and resilience, as opposed to being fixed traits.
Right-brained Mindset
A way of thinking that is believed to be more creative, intuitive, and subjective, commonly associated with the brain's right hemisphere.
Entrepreneurial Passion
The intense emotion or enthusiasm that entrepreneurs have for their business venture and its activities.
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