Which of the Following Posed the Greatest Threat to the British

question 60

Multiple Choice

Which of the following posed the greatest threat to the British colonies in North America in the early eighteenth century?

• A) The Dutch
• B) The French
• C) The Iroquois Confederacy
• D) The Spanish

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Definitions:

Debits

An accounting entry that results in either an increase in assets or a decrease in liabilities on a company's balance sheet or in its income statement.

Credits

An accounting entry that either increases liabilities and equity or decreases assets, reflective of the dual-entry bookkeeping system.

Rental Receipts

Income received from renting out property or equipment.

Unearned Revenue

Refers to payments received for products or services yet to be fulfilled, a liability on the balance sheet until delivery of service or product.