What Year Was America's First Orphanage Opened

question 71

Multiple Choice

What year was America's first orphanage opened?

• A) 1729
• B) 1950
• C) 2001
• D) 2007

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Definitions:

Personal Assets

Items of value owned by an individual, including cash, real estate, investments, and personal property.

Accounting Records

Documentation and books involved in preparing financial statements, including ledgers, journals, and other evidence of transactions.

Allowance For Doubtful Accounts

A contra asset account on a company's balance sheet that represents the estimated portion of accounts receivable that may not be collectible.

Accounts Receivable

Funds that clients or customers owe to a company for products or services already provided but have yet to be paid for.