Indentured Servants in the Chesapeake Could Have Their Servitude Extended

question 23

Multiple Choice

Indentured servants in the Chesapeake could have their servitude extended by years if they

• A) committed a crime.
• B) did not sign a contract.
• C) failed to work hard.
• D) did not have children.

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Definitions:

Withdrawals Account

An account used to track money taken out of a business by its owner(s) for personal use.

Income Summary

An account used in closing process to collect all revenue and expense account balances before determining net income or loss.

Debit Balance

The condition where the total debits exceed the total credits in an account, typically indicating assets or expenses.

Credit Balance

A balance in a financial account that indicates the amount of money owed to a creditor or the account holder; it is the opposite of a debit balance.