PART A (a) The accounting equation is a basic principle of accounting and a fundamental element of the Statement of Financial Position. Required State the component of the expanded accounting equation. (1.5 mark) (b) For each of the account below, indicate each account whether it would appear on the Statement of Profit and Loss (PL), Statement of Financial Position (FP), or Statement of Changes in Equity (CE): (Note: Use the table format below to write your answers) (5.5 Marks)