Indicate whether the transaction account listed in the second column of the table below will decrease or increase, given the transaction details provided in the third column of the table. In addition, please state whether the transaction account will be debited or credited as a result of the transaction described. And then state the accounting element which is applicable to the transaction account, i$.$e whether its a current asset, non$-$current asset, current liability etc Start by reproducing the table below in your answer. $\backslash$begin$\{$tabular$\}\{|$c$|$c$|$c$|$c$|$c$|$c$|\}\backslash$hline & Transaction account & Transaction details & Transaction account Increases or Decreases? & Transaction account Debited or Credited? & Accounting element category of transaction account $\backslash \backslash \backslash$hline Example: & Drawings & Owner takes cash out for personal use & Increases & Debit & Proprietary account: drawings $\backslash \backslash \backslash$hline Q$\mathrm{.}2\mathrm{.}2\mathrm{.}1$ & Long$-$term loan $($Dash Bank$)$ & Received a loan from Dash Bank & & & $\backslash \backslash \backslash$hline Q$\mathrm{.}2\mathrm{.}2\mathrm{.}2$ & Bank & Paid creditors using the overdraft available in the current account & & & $\backslash \backslash \backslash$hline Q$\mathrm{.}2\mathrm{.}2\mathrm{.}3$ & Service income & Provided consulting work for a customer & & & $\backslash \backslash \backslash$hline Q$\mathrm{.}2\mathrm{.}2\mathrm{.}4$ & Debtors Control & Write off debtors with irrecoverable balances & & & $\backslash \backslash \backslash$hline Q$\mathrm{.}2\mathrm{.}2\mathrm{.}5$ & Long$-$term investment $($Fez Sure Invest$)$ & Investment matured and Fez Sure Invest made payment to our business & & & $\backslash \backslash \backslash$hline Q$\mathrm{.}2\mathrm{.}2\mathrm{.}6$ & VAT Output & VAT payment made to SARS & & & $\backslash \backslash \backslash$hline Q$\mathrm{.}2\mathrm{.}2\mathrm{.}7$ & Telephone expense & Paid monthly telephone account & & & $\backslash \backslash \backslash$hline $\backslash$end$\{$tabular$\}$