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

question 52

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, and in Column 3 the financial statement that the account appears upon.
- $\begin{array} { | l | l | l | l | } \hline & \text { Column } 1 & \text { Column } 2 & \text { Column } 3 \\\hline \text { Installation Fees Earned } & & & \\\hline\end{array}$

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Definitions:

Tax Evasion

The illegal act of not paying taxes owed, thereby hiding income or information from the tax authorities.

Partnership Interest

An ownership share held by a partner in a partnership, representing a portion of the partnership's assets and profits.

Statement of Dissociation

A formal document filed to announce a partner’s withdrawal from a partnership, which affects the partnership's legal and operational status.

Secretary of State

A high-ranking official in many governmental bodies who is typically in charge of foreign affairs or domestic records.