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For the following transaction,identify the type of change that would have occurred in the accounting equation: Assets = Liabilities + Issued Capital + Opening retained profits + Revenue - Expenses - Dividends
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The business made a loan to the sales manager.
Discontinued Product
A product that a company has decided to stop producing and selling, often due to declining sales or obsolescence.
Scrap Price
The amount of money that can be received for selling waste materials or remnants from production processes.
Idle Capacity
The unused portion of a company’s productive capacity, such as machinery or labor, that could be used for production but currently isn't.
Special Project
A temporary endeavor with a specific goal and timeline, which may require resources outside of the company's normal work scope.
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