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On June 1, 2013, Cho Company collected a $12,000 note receivable that had been issued on June 1, 2012. The note carried a 6% interest rate. The interest revenue recognized on the maturity date is $720.
Shays's Rebellion
An armed uprising in 1786-1787 in western Massachusetts, led by Daniel Shays, protesting against economic injustices and lack of government response, highlighting the weaknesses of the Articles of Confederation.
Spirit of Liberty
A principle or sentiment that champions freedom and the rights of individuals as paramount, often associated with democratic ideals and patriotic expressions.
Federal Troops
Military forces deployed by the government of a federation, especially referring to those used by the United States federal government during domestic interventions.
New Jersey Plan
New Jersey’s delegation to the Constitutional Convention’s plan for one legislative body with equal representation for each state.
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