Part B (10 points each for a possible total of 40 points)

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 that the account in which the account balance is reported, and in Column 4 the account's nature (temporary/permanent).

(1)

	Column 1	Column 2	Column 3	Column 4
Interest payable

(2)

	Column 1	Column 2	Column 3	Column 4
Interest receivable				(3)

	Column 1	Column 2	Column 3	Column 4
Discount on notes payable