Exercise 4-1 Extending adjusted account balances on a work sheet LO P1 These 16 accounts are from the Adjusted Trial Balance columns of a company's work sheet. Select the letter of the financial statement column (A, B, C, or D) where a normal account balance is extended. A. Debit column for the Income Statement columns. B. Credit column for the Income Statement columns. C. Debit column for the Balance Sheet and Statement of Owner's Equity columns. D. Credit column for the Balance Sheet and Statement of Owner's Equity columns. 1. Advertising expense 2. Interest Revenue 3. Depreciation Expense 4 Interest payable 5. Interest Expense 6. Buildings 7. Accumulated Depreciation 8. Insurance Expense 9. Rent revenue 10. Cash 11. Consulting revenue 12. Accounts Receivable 13. Accounts Payable 14. Service Fees Revenue 15. Equipment 16. Note payable