Exercise $4-1($Static$)$ Assigning account balances on a work sheet LO P$1$

Select the financial statement column to which the normal account balance is extended.

A$.$ Deblt column for the Income Statement columns.

B$.$ Credit column for the Income Statement columns.

C$.$ Deblt column for the Balance Sheet & Statement of Owner's Equity columns.

D$.$ Credit column for the Balance Sheet & Statement of Owner's Equity columns.

$\backslash$table$[[1.$ Interest revenue,$],[2.$ Machinery,$],[3.$ Owner, Withdrawals,$],[4.$ Depreciation expense,$],[5.$ Accounts payable,$],[6.$ Service revenue,$],[7.$ Owner, Capital,$],[8.$ Interest expense,$],[9.$ Accounts receivable,$],[10.$ Accumulated depreciation,$],[11.$ Office supplies,$],[12.$ Insurance expense,$],[13.$ Interest receivable,$],[14.$ Cash,$],[15.$ Rent expense,$],[16.$ Wages payable,$]]$