Map Exercise 12-2 You Will Need Pens of Five Different Colors to Complete

question 137

Essay

Map Exercise 12-2
You will need pens of five different colors to complete this exercise. On the first outline map that follows and using the map in the text entitled "The Kansas-Nebraska Act and Slavery Expansion, 1854" and an historical atlas as guides:

-Refer to Map Exercise 12-2. Using pens of different colors, designate the following areas and create a map legend that identifies each area:
Free States Slave States
Minnesota Territory, Oregon Territory, and Unorganized Territory not including the area that became part of the Unorganized Territory as a result of purchase from Texas)
Utah Territory and New Mexico Territory not including the area that became part of the New Mexico Territory as a result of purchase from Texas)

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Definitions:

Drawing Accounts

Accounts used to track withdrawals made by the owners of a business for personal use, reducing the owner's equity in the company.

Income Summary

Income Summary is an account in the general ledger used to transfer the revenues and expenses of an accounting period to the retained earnings account.

Salary Allowances

Compensation above the base pay, often for specific purposes such as housing, transportation, or cost of living adjustments.

Profit And Loss

A financial statement detailing the revenues, costs, and expenses incurred during a specific period, highlighting a company's net profit or loss.