Answer:
True
Explanation:
The British thought the colonists should help pay for the cost of their own protection. Furthermore, the French and Indian War had cost the British treasury £70,000,000 and doubled their national debt to £140,000,000. Compared to this staggering sum, the colonists' debts were extremely light, as was their tax burden.
Answer:
B. Must be journalized and posted
Explanation:
Closing entries is a term that describes journal entries made to transfer temporary account to permanent account, it is prepared at the end of each accounting period.
In other words, it is defined as temporary accounts, which is prepared before the financial statement.
Example of closing entries includes:
1. Revenue
2. Expenses
3. Dividends paid accounts
The geography made a lot of difference in the life and the economy of the Middle Colonies. The Northern Colonies lived along the colder, rocker coast. Their ability to farm was not as good but they were able to grow enough to keep their own families. The Southern Colonies were greatly involved in farming.. but it was not necessarily the edible kind. Most of their cash crops were cotton, cane sugar and indigo. These crops need a lot of moist damp soil. The Middle Colonies had a temperate climate that lent itself for growing most of the grains, fruits and vegetables for the cities. The Middle Colonies were known as the Bread Basket.
One danger of a positive feedback loop is that "if too many new jobs are allowed to enter the job stream, the result can be an increase in page faults." However, a positive feedback loop can still function as an "amplifier" which could change the equilibrium state of a system into unstable.
