Answer:
E) North had a much more substantial economy.
Explanation:
The economy of southern states was basically tied to the production and exporting of cotton. Cotton was America's largest export, but it was sold only as raw materials, it wasn't processed.
While northern states had a much broader railroad system, a healthier financial system (87% of all financial institutions), manufacturing facilities and large urban centers. Even the factories that processed cotton from the south were located at northern states.
Answer:
Part 2 Which of the following transactions does not involve an accrual?
- Recording the pre-payment of two years' worth of insurance. THIS IS AN ASSET EXCHANGE TRANSACTION SINCE IT CREATES AN ASSET ACCOUNT, PREPAID INSURANCE, THAT DECREASES AS TIME PASSES
Part 3 The recognition of an expense may be accompanied by which of the following?
- An increase in liabilities. EXPENSES ARE NOT ALWAYS PAID IMMEDIATELY, FOR EXAMPLE UTILITIES, THEY FORM A SHORT TERM LIABILITY UNTIL PAID.
Part 4 The adjusting entry to recognize work completed on unearned revenue involves which of the following?
- A decrease in liabilities and an increase in equity. UNEARNED REVENUE IS A LIABILITY ACCOUNT, AND AS THE WORK IS COMPLETED, REVENUE SHOULD INCREASE, THEREFORE EQUITY WILL INCREASE.
Part 5 Which of the following would cause net income on the accrual basis to be different from (either higher or lower than) "cash provided by operating activities" on the statement of cash flows?
- Paid advertising expense. IF THE COMPANY PAID ADVERTISING EXPENSES ON ACCOUNT.
Explanation:
Martin Luther King, Jr. was argued that African-Americans should be more patient and that civil rights should not be for all.
<h3>Who is Martin Luther King Jr?</h3>
Martin Luther King Jr can be regared as an American Baptist minister as well as
activist who was the civil rights movement leader in 1955 .
Therefore, he stressed that African-Americans should be more patient and that civil rights should not be for all.
Learn more about Martin Luther King Jr at;
brainly.com/question/24034250
The company approaches said Youtuber, offering sponsorships, and it is up to the Youtuber to accept or decline
Answer: sinking fund
Explanation: In simple words, it refers to the method under which then organisation set aside a fund for the repayment of this debt over the years.
Under this method, the organisation is setting aside 10 percent every year so that there will be no heavy load on the organisation at the end of the tenure.
Hence from the above we can conclude that the given case depicts sinking fund.
