MATCHING Match the Person or Term with the with the Correct

question 133

Multiple Choice

MATCHING
Match the person or term with the with the correct description.
-William Berkeley

• A)established a Committee of Safety in New York
• B)a Protestant who became King of England
• C)Metacom
• D)formed Covenant Chain with Iroquois
• E)elite planter who called for reform in Virginia
• F)governor of Virginia during Bacon's Rebellion
• G)a Catholic who became King of England
• H)wealthy Virginian speaker of the House of Burgesses
• I)proprietor of Pennsylvania
• J)successful Jewish silversmith
• K)overthrown in the Glorious Revolution
• L)slave who became free and owned slaves himself

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Definitions:

Ledger

A book or collection of financial accounts where transactions are recorded.

GAAP

Generally Accepted Accounting Principles, a set of accounting standards and procedures used in the preparation of financial statements in the U.S.

IFRS

International Financial Reporting Standards, a set of accounting standards developed by the International Accounting Standards Board that guide companies in preparing financial statements globally.

Cash-Basis Accounting

An accounting method where revenues and expenses are recorded only when cash is received or paid, irrespective of when the transactions occurred.