Item	Classification of item (A, L, OE, R, E)	Income Statement (IS) or Balance Sheet (BS)
Accounts payable
Accounts receivable
Capital
Cash at bank
Depreciation expense
Interest revenue
Inventory
Mortgage payable
Motor vehicles
Office furniture
Rent revenue
Sales revenue
Share capital
Stationery
Stationery expense
Wages expense
Wages payable

The following table contains several business transactions for the current month.

Required: Identify the names of which accounts are affected, how they are affected (+/-, increase or decrease), and the element of the financial statement of these accounts (A, L, OE, R, E).

Business Transactions	The owner contributed $30,000 cash to commence the business.	Purchased computer equipment for $18,000 on credit.	Cash received for services provided $6,900.	Borrowed $40,000 from the bank to be repaid in 5 years.	Paid $250 cash for advertising expense for the current month.
Account name
+/- (Increase/ decrease)	OE
Element
Account name
+/- (Increase/ decrease)
Element