Shays's Rebellion

question 43

Multiple Choice

Shays's Rebellion

• A) was a successful revolt.
• B) occurred after the Philadelphia Convention of 1787.
• C) convinced many political leaders that the national government was not powerful enough.
• D) reinforced public support for the Articles of Confederation.
• E) All these answers are correct.

---

Definitions:

Income Statement

A financial statement that reports a company's financial performance over a specific accounting period, listing revenues and expenses to show net profit or loss.

Balance Sheet

A financial statement that displays a company's assets, liabilities, and shareholders' equity at a specific point in time, providing a snapshot of its financial condition.

Adjusting Entries

Entries made in financial ledgers at the end of a bookkeeping period to accurately distribute incomes and spending to the intervals in which they factually transpired.

Accrued Salaries

Salaries that have been earned but not yet paid out to employees.