Outlays are recorded as liabilities on a balance sheet and are also calledexpenditures. Governments would be required to explain the causes of fluctuations incash inflows or cash outflows, if known.
Answer:
here is the answer:)
Explanation:
What did the Stamp Act tax?
The British needed to station a large army in North America as a consequence and on 22 March 1765 the British Parliament passed the Stamp Act, which sought to raise money to pay for this army through a tax on all legal and official papers and publications circulating in the colonies.
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China is closer to a pure command economy
<span>Led to the transatlantic slave trade</span>
