Why Was It Difficult to Use Advanced Technology on Cotton

question 16

Multiple Choice

Why was it difficult to use advanced technology on cotton crops?

• A) Masters in the south could not afford it.
• B) Cotton ripened at different times, and machines couldn't tell if it was ready or not.
• C) Masters wanted to keep their slaves busy, so they wouldn't rebel, so they deliberately avoided any time-saving equipment.
• D) Only the North made technological advances, and since the North didn't raise cotton, they lacked an incentive to develop the technology.

Understand the step-by-step process of adjusting entries.

Identify and understand the differences between adjusted and unadjusted trial balances.

Recognize different categories of expenses and their treatment in financial accounting.

Differentiate between various types of financial statements and understand their purposes.

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