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

question 55

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 account's nature (permanent/temporary).
-  Column 1 Column 2 Column 3 Column 4 Purchases  Discounts \begin{array} { | l | l | l | l | l | } \hline & \text { Column } 1 & \text { Column } 2 & \text { Column } 3 & \text { Column } 4 \\\hline \text { Purchases } & & & & \\\text { Discounts } & & & & \\\hline\end{array}


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