nstructions-- For each of the accounts below, determine where you would find this account in a firms financial statements. Specifically, choose one of the following 4 categories for each of the accounts listed below. The 4 categories are: i) balance sheet, assets ii) balance sheet, liabilities and equity iii) income statement, revenue iv) income statement, expenses. Enter your answers into Canvas. Option extension exercise- if you really want to get a good command of the balance sheet and income statement (and who doesnt!), use an Excel spreadsheet to organize these accounts into a balance sheet and income statement. It will probably work best to use a simple format for the income statement that doesn't distinguish between operating and non-operating income. Similarly, don't worry about the distinction about current and non-current assets/liabilities (though you can certainly think about/discuss what categories these accounts would fall into). There is no need to turn this in through Canvas. It is after all, an option exercise. But going through this process will help you check your answers. If you classified everything correctly, your balance sheet will balance (assets will equal liabilities plus equity).