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

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 on which the account balance is reported.
- $$\begin{array} { | l | c | c | c | } \hline & \text { Column 1 } & \text { Column } 2 & \text { Column } 3 \\\hline \text { Sales Returns and } & & & \\\text { Allowances } & & & \\\hline\end{array}$$