Match the Person or Term with the with the Correct

question 101

Multiple Choice

Match the person or term with the with the correct description.
-King Philip's War

• A)elites in America becoming more culturally English
• B)allowed Protestant Dissenters to worship freely in England
• C)government regulation of the nation's economy (to assure national power)
• D)placed William of Orange on the English throne
• E)had a monopoly on the slave trade
• F)a very liberal frame for government
• G)English demanded this over their former Dutch rulers
• H)agreement between New York and Iroquois
• I)believed in the equality of all persons
• J)law that regulated the shipping and selling of colonial products
• K)the poor of Virginia demand change
• L)war between New Englanders and Indians

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Definitions:

Temporary Accounts

Accounts used to record transactions for only a single accounting period, which are then reset or closed at the period's end, such as revenues, expenses, and dividends.

Supplies

Items used in the operation of a business that are not directly related to the production of goods or services, such as office supplies.

Prepaid Expenses

Payments made in advance for goods or services that will be received in the future.

Retained Earnings

The portion of a company's profits that is not distributed to shareholders as dividends but is instead reinvested in the business or held as a reserve.