Which of the Following Is True Regarding How Blacks Fared

question 55

Multiple Choice

Which of the following is true regarding how Blacks fared during the Reconstruction period?

• A) some did not leave their former masters, and others were left with nothing but the clothes on their backs and a few meager possessions
• B) the federal government made attempts to help the emancipated slaves by establishing the Freedman's Bureau
• C) they were not prepared to succeed in white society even if they had been welcomed into it
• D) all of the above

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Definitions:

Balance Sheet Accounts

Accounts that appear on the balance sheet, including assets, liabilities, and shareholders' equity accounts, reflecting the financial position of a business.

Real Accounts

Accounts related to assets, liabilities, and equity that are shown on the balance sheet, maintaining their balances over time and not closed at the end of the accounting year.

Permanent Accounts

Accounts on the balance sheet whose balances are carried over into the next accounting period.

Post-closing Trial Balance

A list of all company accounts that remain after adjusting entries and closing entries have been made, used to test the balance of debits and credits.