What Was One Difference Between Shays's Rebellion and the Whiskey

question 1

Multiple Choice

What was one difference between Shays's Rebellion and the Whiskey Rebellion?

• A) Shays's dealt with unhappy farmers; the Whiskey event involved numerous drunks.
• B) Shays's required national troops to be sent in,but the Whiskey Rebellion involved no military.
• C) Shays's was put down by a state government; the Whiskey event required the national government to get involved.
• D) The Whiskey Rebellion involved violence,but Shays's was peaceful protests.
• E) Shays's involved taxes; the Whiskey event involved only prohibition of alcohol.

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Definitions:

Accrual-Based

An accounting method where revenue and expenses are recorded when they are earned or incurred, regardless of when cash transactions occur.

Transactional Approach

An accounting method focusing on the individual transactions and events that have a financial impact on a company, analyzing each separately.

Net Income

The total earnings or profit of a company after subtracting all expenses, taxes, and costs, indicative of the company's financial health over a specific time period.

Income Statement

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