#2 Complete the following table by stating the accounting element of each account, and whether increases and decreases in the accounts are represented by a debit or credit entry. For example: Accounts Element Increase Debit Supplies Asset a. Service Revenues g. Salaries Expense b. Withdrawal h. Office Equipment C. Utilities Expense d. Rent Expense j. e. Cash in Bank f. Trade Payables Fixtures and Fittings Interest Expense k. Loans Payable 1. Capital Accounts Element a. Service Revenues b. Withdrawals C. Utilities Expense d. Rent Expense e. Cash in Bank f. Trade Payables g. Salaries Expense h. Office Equipment i. Fixtures and Fittings j. Interest Expense k. Loans Payable 1. Capital Decrease Credit Increase Decrease