Which of the Following Statements Best Describes the Impact of the Plessy

question 1

Multiple Choice

Which of the following statements best describes the impact of the Plessy v. Ferguson court ruling on schools?

• A) The U.S. Supreme Court upheld the lower court's ruling.
• B) It had no impact on schools since the case was about railroad cars.
• C) It set the precedent that separate facilities for African Americans and whites were constitutional as long as they were equal.
• D) It reduced the number of train passengers in Louisiana.
• E) The ruling carried over to restaurants and theaters.

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Definitions:

Accrued Revenues

Revenues earned in an accounting period that have not yet been received in cash or recorded at the statement date.

Unearned Rent

Income received for rent before the rental period has occurred, classified as a liability until the services (rental period) are performed.

Accrued Salaries

Salaries that have been earned by employees but have not yet been paid by the employer, recognized as a liability on the balance sheet.

Journal Entry

A record in the books of accounts that documents a business transaction in terms of debits and credits.