One Result of the Second Continental Congress Was Which of the Following

question 36

Multiple Choice

One result of the Second Continental Congress was which of the following?

• A) A brief reconciliation with Great Britain
• B) A plan for the Boston Tea Party
• C) The decision to create thirteen colonies
• D) The adoption of the Declaration of Independence
• E) Increases in colonial taxes paid to Great Britain

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Definitions:

Transactions

Financial events that affect the financial position of a company, measurable in terms of changes in assets, liabilities, and equity.

Statement Of Owner's Equity

A financial statement that shows the changes in the ownership interest of a company over a period of time.

Balance Sheet

A balance sheet is a financial statement that summarizes a company's assets, liabilities, and shareholders' equity at a specific point in time.

Income Statement

A financial statement that reports a company's revenues and expenses over a specific period, resulting in a net profit or loss.