After the Attack on Pearl Harbor, the Main Priority for the United

question 23

Multiple Choice

After the attack on Pearl Harbor, the main priority for the United States was

• A)defeating Japan as quickly as possible.
• B)recovering the Hawaiian Islands.
• C)defeating Germany first and then turning its great naval war machine against Japan.
• D)to remain neutral, while buying time to build up industrial and military supplies.
• E)defending "Fortress America" from the expected combined Japanese and German invasion of the United States.

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Definitions:

Closing Entries

Journal entries made at the end of an accounting period to transfer the balances of temporary accounts to a permanent equity account.

General Ledger

A thorough collection of financial records that documents every financial transaction undertaken by a business.

Adjustments Credit Column

The part of a financial or accounting document where adjustments are made to credits, increasing the value of certain accounts.

Merchandise Inventory

The inventory of products that a retailer plans to sell to customers, accounting for a critical component of its current assets.