In 1776,one Important Reason That Colonists Regarded Independence as a Desirable

question 50

Multiple Choice

 In 1776,one important reason that colonists regarded independence as a desirable alternative was that they 

• A) no longer had confidence that the British government would protect their liberties. 
• B) could no longer afford the price of British exports. 
• C) had come to reject the philosophy of John Locke. 
• D) had come to reject British ideas of individual rights. 
• E) were struggling economically.

Understand and analyze the basic accounting equation and its components (assets, liabilities, owner's equity).

Prepare and correct a balance sheet.

Record and analyze business transactions and their effects on the accounting equation.

Prepare an owner’s equity statement.

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