The Primary Source of Power for Industrial Production in the Antebellum

question 21

Multiple Choice

The primary source of power for industrial production in the antebellum period was

• A) coal.
• B) steam.
• C) water.
• D) wood.

---

Definitions:

Check Register

A record maintained by account holders to track their checks, deposits, and current balance.

Writing Checks

The act of completing a check by specifying the date, payee, and amount, and signing it, to instruct a bank to transfer funds.

Adjusted Cash Balance

The cash balance reported in a company's financial statement, modified for factors like outstanding checks or deposits in transit.

Bank Statement

A monthly or quarterly document provided by a bank summarizing the transactions, including deposits and withdrawals, that occurred in a specific account.