Shays's Rebellion Was Ultimately Defeated By​

question 58

Multiple Choice

Shays's Rebellion was ultimately defeated by​

• A)​the U.S. military, called into action by the Confederation Congress.
• B)​a mercenary force recruited by the central government, because American soldiers would not fire on other Americans.
• C)​the weather, when rebels were not prepared for the winter.
• D)​a group of citizens who self-organized to combat the threat from the rebels.
• E)​the Massachusetts militia.

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Definitions:

Current Assets

Current assets are assets that a company expects to convert into cash, sell, or consume through the normal operations of the business within one year or one business cycle, whichever is longer.

Balance Sheet

A Balance Sheet is a financial statement that summarizes a company's assets, liabilities, and shareholders' equity at a specific point in time, providing a snapshot of its financial condition.

Assets

Resources owned by a company that have economic value and can provide future benefits.

Correcting Entry

A journal entry made to amend an error in the financial statements.