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An irrigation system is installed on a farm in North Dakota. This is an example of which factor of production?
State Sales Tax
A tax imposed by a state on the sale of goods and services, typically calculated as a percentage of the sales price.
Revenue Report
A financial document that outlines the income generated by a company from its normal business operations.
General Journal Entry
A record in the general journal that includes the date, accounts and amounts to be debited and credited, and a brief description of the transaction.
Related Liabilities
Related liabilities are obligations that are directly associated with the primary operations or financial activities of a business.
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