When the House of Burgesses Was Created in Virginia in 1619

question 9

Multiple Choice

When the House of Burgesses was created in Virginia in 1619,

• A)it gave settlers the full political control of their colony.
• B)land-owning women colonists were allowed to vote.
• C)colonists were given a share of local political representation.
• D)it put an end to a violent uprising by disgruntled colonists.
• E)it recommended that Virginia declare independence from England.

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Definitions:

Consolidation Entry TI

A specific type of journal entry made during the consolidation process to integrate the financial activities of a parent company and its subsidiaries.

Consolidation Entry G

An accounting entry used in consolidation to eliminate the effects of intercompany transactions among entities within a consolidated group for external reporting.

Wholly Owned Subsidiary

A company whose entire share capital is held by another company, making it a completely controlled entity of the parent company.

Equity Method

An accounting technique used to record investments in other companies, where the investment is initially recorded at cost and adjusted for the investor's share of the investee's profit or loss.