Discuss and Trace the Role of the Factory in the Early

question 63

Essay

Discuss and trace the role of the factory in the early Industrial Revolution.What made the factory system possible? What impact did it have on the lives of workers, especially on women and children?

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Definitions:

Accounts Receivable

Monetary claims a company holds against customers for supplied goods or services awaiting financial settlement.

Sales Journal

A specialized accounting journal used to keep track of the sales of items on credit.

Accounts Receivable

Accounts receivable refers to the money owed to a company by its customers for goods or services that have been delivered or used but not yet paid for.

Sales Revenue

The total amount of money generated from the sale of goods or services by a company before any expenses are subtracted.