A Record in Which the Effects of Transactions Are First

question 91

Multiple Choice

A record in which the effects of transactions are first recorded and from which transaction amounts are posted to the ledger is a(n) :

• A) Account.
• B) Trial balance.
• C) Journal.
• D) T-account.
• E) Balance column account.

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Definitions:

Compromise of 1850

A series of laws passed by the U.S. Congress to resolve issues stemming from the territory acquired during the Mexican-American War, which attempted to address the balance between slave and free states.

Congressional Committees

Subsidiary groups within the U.S. Congress tasked with specific duties, including drafting legislation and overseeing governmental operations.

Fugitive Slave Law

Laws passed by the United States Congress in 1793 and 1850 that provided for the return of slaves who escaped from one state into another state or territory.

Runaway Slaves

Enslaved individuals who fled from their owners in search of freedom or less oppressive conditions, a common phenomenon in the history of slavery in the Americas.