The Approval of __________ in __________ Was Required to Ratify

question 62

Multiple Choice

The approval of __________ in __________ was required to ratify the new Constitution.

• A)special state conventions; all thirteen states
• B)special state conventions; nine out of thirteen states
• C)state legislatures; all thirteen states
• D)state legislatures; nine out of thirteen states
• E)the voting public; all thirteen states

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Definitions:

Salaries Payable

An account that represents the amounts owed to employees for work performed that has not yet been paid.

Salary Expense

The total amount paid by a business to its employees for the work done over a specific period, often monthly or annually.

Adjusting Entry

A journal entry made at the end of an accounting period to allocate income and expenditures to the period in which they actually occurred.

Current-Year Net Income

Current-Year Net Income is the total profit or earnings of a company for the ongoing fiscal year, after subtracting all expenses, taxes, and costs.