Each of the following accounts would find its balance reported on either the income statement or balance sheet Required: For each account, indicate which of these financial statements the account's balance should be reported on. In addition, if the account's balance should be found on the balance sheet, further indicate if it is found in the asset, liability, or owners' equity section. There is only one possible answer for each account. Example: Cash = Balance Sheet-asset Utilities Expense Choose... Retained Earnings Choose... Deferred Revenue Choose... Supplies Expense Choose... Accounts Receivable Choose... Supplies Choose... Notes Payable Choose... Service Revenue Choose... Salaries Expense Choose... Prepaid Insurance Choose... Prepaid Rent Choose... Common Stock Choose... Accounts Payable Choose... Equipment Choose... Rent Expense Choose