The Texas Constitution of 1869 Was Created

question 31

Multiple Choice

The Texas Constitution of 1869 was created

• A) because Texas needed a new constitution when it joined the Confederacy.
• B) by members of the Texas Republican Party.
• C) in order to limit the power of state government.
• D) as a reaction against Reconstruction.
• E) to abolish slavery.

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Definitions:

Notes Receivable

Written promises for amounts to be received, typically including interest, recorded by the recipient.

Noncurrent Assets

Assets expected to provide economic benefits beyond the next year or operating cycle, excluding items for resale.

Beginning Capital Balance

The beginning capital balance is the amount of capital or equity that a company has at the start of a new accounting period.

General Ledger

A comprehensive set of accounts that records all financial transactions of a business, showing assets, liabilities, equity, revenue, and expenses.