The Last State to Ratify the Articles of Confederation Was

question 80

Short Answer

The last state to ratify the Articles of Confederation was ____________________.

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Definitions:

Beginning Capital

The amount of capital at the start of an accounting period, forming the basis for measuring capital growth or reduction over that period.

Owner's Withdrawals

Amounts of money or other assets that the owner takes out of the company for personal use.

Owner's Equity

The total value of assets a business owner has rights to after all liabilities are paid off; equity for sole proprietorships.

Liabilities

Financial obligations or debts that a company owes to others, including loans, accounts payable, and mortgages.