Classify each of the accounts listed below as assets, liabilities, owner's equity, revenue, or expenses. Indicate the normal debit or credit balance of each account. Indicate whether each account will appear in the Income Statement columns or the Balance Sheet columns of the work sheet. Item 0 is given as an example. INCOME STATEMENT OR ACCOUNT Example: Wages Expense a. Prepaid Insurance. b. Accounts Payable c. Office Supplies Expense d. T. Bristol, Capital e. Accumulated Depreciation, Building f. T. Bristol, Drawing g. Income from Services h. Equipment Depreciation Expense, Equipment Wages Payable NORMAL CLASSIFICATION BALANCE BALANCE SHEET COLUMNS Expense Debit Income Statement