For the Following Transaction,identify the Type of Change That Would

question 40

Multiple Choice

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.

• A) An asset increased and another asset decreased.
• B) An asset decreased and an expense increased.
• C) An asset decreased and a liability decreased.
• D) A liability increased and an expense increased.

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Definitions:

Nutritional Guidelines

These are recommendations regarding the intake of nutrients considered necessary for healthy living, often published by health organizations and government agencies.

Fad Diets

Trendy weight-loss plans that promise dramatic results, often lacking scientific support and sustainability.

Weight Loss

The process of reducing overall body weight through various means such as diet, exercise, or medical intervention.

Daily Water Requirements

The recommended amount of water a person should consume each day to maintain health and hydration, varying based on factors like age, sex, weight, and level of physical activity.