Discuss the Religious Beliefs of the Puritan Congregationalists, Especially the Idea

question 23

Essay

Discuss the religious beliefs of the Puritan Congregationalists, especially the idea of the covenanted community, and examine the impact of those beliefs on the social, political, and economic evolution of Massachusetts Bay colony between 1630 and 1640.

---

Definitions:

Unearned Ticket Revenue

Money received from ticket sales before the event has occurred, classified as a liability until the service is performed.

Adjusting Entry

A journal entry made in the accounting records at the end of an accounting period to allocate income and expenditure to the appropriate period.

Prepaid Rent

An expense recorded before it is actually paid, representing rent payments made in advance of the period to which they relate.

Adjusting Entries

Final journal recordings at the close of an accounting spell to assign revenues and expenditures to the factual period of occurrence.