Why Did the Freedmen's Bureau Try to Get Blacks to Sign

question 34

Multiple Choice

Why did the Freedmen's Bureau try to get blacks to sign labor contracts with white landowners?

• A) They thought that signing the contracts was in the best interests of blacks.
• B) They were pressing for economic stability in areas that needed labor to produce crops.
• C) They hoped to break the spirit of the South by showing how blacks could become economically independent.
• D) The Freedmen's Bureau had absolutely no role in helping blacks with labor contracts.

---

Definitions:

Classified Balance Sheet

A financial statement that segregates assets and liabilities into current and long-term categories, providing a detailed snapshot of a company’s financial position.

Adjusting Entries

Accounting adjustments used to ensure that revenue and expense recognition principles are followed accurately in the financial statements.

Reversing Entries

Optional accounting procedures that are used to cancel out adjusting entries of the previous accounting period in the new period.

Interest Expense

The cost incurred by an entity for borrowing funds, often reported on the income statement.