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i . . The type of account - 1 - Income E - Expense A - Assets EQ - Equity L - tiability iv .

i.. The type of account
-1-Income
E-Expense
A-Assets
EQ- Equity
L-tiability
iv. And where it is reported
SCl-Statement of profit or loss and other comprehensive income
SCE - Statement of changes in equity
SFP-Statement of financial position
\table[[,Element,Type of account,Statement],[Ex.,Vehicle,A,SFP],[1.,Drawings,a.,d.],[,,,e.],[2.,Cost of sales,b.,],[3.,Rental paid,c.,f.],[4.,Retained earnings,g.,n
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