The U.S.House of Representatives Was Designed to

question 35

Multiple Choice

The U.S.House of Representatives was designed to

• A)ensure minority rights.
• B)ensure majority rule.
• C)be the least democratic chamber of Congress.
• D)protect the rights of citizens who belong to third parties.

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Definitions:

Cash Receipts

Records of all cash amounts received by a company, documenting sales, returns, and other transactions involving cash inflows.

Cash Payments

Monetary transactions where cash is used to settle the amount owed for purchases or expenses.

Note Payable

A written promise to pay a specified amount of money, usually with interest, by a certain date to the holder of the note.

Journal Entry

A record of the transactions that occur within a company, entered into the accounting ledger reflecting debits and credits in order to maintain accurate financial statements.