Why Did the Annexation of Texas Take Place During Neither

question 35

Multiple Choice

Why did the annexation of Texas take place during neither Andrew Jackson's nor Martin van Buren's presidency?

• A)The Lone Star Republic voted overwhelmingly against annexation by the United States.
• B)Annexing Texas as a slave state would cause conflict between northern and southern Democrats.
• C)Annexing Texas would improve relations between the United States and Mexico, thereby weakening American relations with Spain.
• D)Jackson and van Buren were too focused on other more pressing issues, such as repealing the Independent Treasury Act.
• E)The Lone Star Republic had expanded to the Pacific during this time and was invested in building its own infrastructure there.

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Definitions:

Adjusting Entries

Entries made in accounting to update the records for any incomes and expenses that have been incurred but not yet recorded.

Financial Statements

Structured reports detailing the financial performance, position, and cash flows of an organization, typically including the balance sheet, income statement, and statement of cash flows.

Accounting Cycle

The series of steps followed by an entity to track and manage its financial transactions, from the initial transaction recording to the final financial statement preparation and closing entries.

Closing

The process of finalizing accounts at the end of an accounting period by summarizing revenues and expenses and indicating net profit or loss.