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

question 21

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  Equipment \begin{array} { | l | l | l | l | l | } \hline & \text { Column 1 } & \text { Column 2 } & \text { Column 3 } & \text { Column 4 } \\\hline \text { Equipment } & & & & \\\hline\end{array}


Definitions:

Collaborative Divorce

A legal process enabling couples to work with a team of professionals to amicably end their marriage without traditional adversarial court proceedings.

Payroll Register

A document or database that records all the payroll details for employees over a specific period, including wages, deductions, and net pay.

W-2

A tax form used in the United States to report wages paid to employees and the taxes withheld from them.

Employee Earnings Record

Employee Earnings Record is a detailed record kept for each employee, documenting their wages, deductions, and net pay over a period.

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