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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 on which the account balance is reported, and in Column 4 the nature of the account (permanent/temporary).
Example:
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Fast Mapping
A cognitive process in early language development where children quickly associate new words with their meanings.
Animism
The belief or worldview that objects, places, and creatures all possess a distinct spiritual essence or consciousness.
Inner Speech
Vygotsky’s concept of the ultimate binding of language and thought. Inner speech originates in vocalizations that may regulate the child’s behavior and become internalized by age six or seven.
Cognitive Development
Refers to the progression of thinking, problem solving, and information processing abilities from childhood through adulthood.
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