meta- 1. In medicine and biology, a prefix denoting the concept of after, subsequent to, behind, or hindmost.

Which states never had slaves?
The border states of Maryland (November 1864) and Missouri (January 1865), the Union-occupied Confederate state, Tennessee (January 1865), and the new state of West Virginia, separated from Virginia in 1863 over the issue of slavery, abolished slavery in February 1865, prior to the end of the Civil War.
Did New York ever have slaves?
In 1817 a new law passed that would free slaves born before 1799 but not until 1827. By the 1830 census there were only 75 slaves in New York and the 1840 census listed no slaves in New York City.

What is Juneteenth celebrating?

Juneteenth, an annual holiday commemorating the end of slavery in the United States, has been celebrated by African-Americans since the late 1800s. Jun 13, 2020
What presidents had slaves?
A: According to surviving documentation, at least twelve presidents were slave owners at some point during their lives: George Washington, Thomas Jefferson, James Madison, James Monroe, Andrew Jackson, Martin Van Buren, William Henry Harrison, John Tyler, James K. Polk, Zachary Taylor, Andrew Johnson, and Ulysses S.
Did the proclamation free all slaves?
President Abraham Lincoln issued the Emancipation Proclamation on January 1, 1863, as the nation approached its third year of bloody civil war. The proclamation declared "that all persons held as slaves" within the rebellious states "are, and henceforward shall be free." Apr 17, 2019
Who got 40 acres and a mule?
William T. Sherman William T. Sherman held meetings with local black leaders, creating the plan later known as "40 acres and a mule." Jan 12, 2015

How much is 40 acres worth today?

40 Acres and a Mule Would Be at Least $6.4 Trillion Today—What the U.S. Really Owes Black America - YES! Magazine. About YES! May 14, 2015
Were slaves promised 40 acres and a mule?
Union General William T. Sherman's plan to give newly-freed families “forty acres and a mule” was among the first and most significant promises made – and broken – to African Americans. Jun 19, 2020
How many slaves gained freedom 1865?
Four million slaves Four million slaves were freed and a quarter million southern whites had died, one fifth of the male population.
Where did slaves go after they were free?
Most of the millions of slaves brought to the New World went to the Caribbean and South America. An estimated 500,000 were taken directly from Africa to North America. But those numbers were buttressed by the domestic slave trade, which started in the 1760s – a half century before legal importation of slaves ended. Mar 6, 2019

Which country has the most nightclubs?

Spain The list of "The World's 100 Best Clubs" 2019 is made up of clubs from 34 different countries, Spain being the country that has contributed the most venues to the prestigious list with 22 venues, followed by the United States that has contributed 21 and in third place, Italy which has contributed 4 clubs.
Who is the best club in the world 2020?
According to the index, Manchester City is currently the second best club team worldwide, with a Soccer Power Index score of 92. ... Best soccer club teams worldwide - Soccer Power Index as of October 2020. Soccer Power Index Bayern Munich 94 Manchester City 92 Paris Saint-Germain 90.6 Barcelona 89.6 9 more rows • Nov 26, 2020
What is the most famous football club in the world?
Manchester United 2018 rankings Rank Team Country 1 Manchester United England 2 Barcelona Spain 3 Real Madrid Spain 4 Bayern Munich Germany 16 more rows
Who owned Space Ibiza?
Pepe Rosello Space (Ibiza nightclub) (/ˈspeɪs/, Spanish: [esˈpejs], Catalan: [əsˈpejs]) Owner Pepe Rosello Type Nightclub, Music venue Genre(s) Dance Music, Live music, Performance art Capacity 5000 6 more rows

Who owns DC10 Ibiza?

Andrea Pelino In order to properly acknowledge this momentous double anniversary, owners and co-founder of DC10 and Circoloco, Andrea Pelino and Antonio Carbonaro, gave the green light to a large-scale overhaul of the venue's already impressive audio setup. Dec 11, 2018
When did space close?
So here we are; it's all over. Space said its final goodbyes at midday on Monday 2 October - a mammoth 20 hours after its momentous closing fiesta burst into life; 27 years since it first opened its doors, and the world's eyes, hearts and minds in the process. Oct 6, 2016
Who captured the Africans sold?
For over 200 years, powerful kings in what is now the country of Benin captured and sold slaves to Portuguese, French and British merchants. The slaves were usually men, women and children from rival tribes — gagged and jammed into boats bound for Brazil, Haiti and the United States. Jan 29, 2018
How did slavery change over time in Virginia?
In the 1600s, English colonists in Virginia began buying Africans to help grow tobacco. The first Africans who arrived at Jamestown in 1619 were probably treated as servants, freed after working for a set number of years.

Which colony did not allow slavery until 1751?

Georgia Between 1735 and 1750 Georgia was unique among Britain's American colonies, as it was the only one to attempt to prohibit Black slavery as a matter of public policy. The decision to ban slavery was made by the founders of Georgia, the Trustees. Sep 29, 2020
Who owned the largest number of slaves?
Joshua John Ward In 1850 he held 1,092 slaves; Ward was the largest slaveholder in the United States before his death in 1853. ... Joshua John Ward Nationality American Occupation Rice farmer, plantation owner, slaveholder Known for America's largest slaveholder. 2 more rows
Which plantation had the most slaves?
1 plantation had over 1000 slaves (a South Carolina rice plantation). ... Plantation. 4.5 million people of African descent lived in the United States. Of these: 1.0 million lived on plantations with 50 or more enslaved people. 2 more rows
How did slaves get last names?
Surnames chosen by emancipated ancestors could be the name of someone they admired. It might be the given name of a parent or grandparent. It could reflect trade or geographic area. It might even be the name of the first slave owner. Jul 18, 2010

How do you record merchandise inventory?

For merchandise inventory, record the amount of the ending inventory in the Balance Sheet Debit column. For unearned revenue, record the unearned revenue account in the Balance Sheet Credit column and the revenue account in the Income Statement Credit column.
Is merchandise inventory a temporary account?
Inventory. Though inventory is not a temporary account, it is integral to proper accounting in a periodic inventory system. Because it is a permanent account, you never reset the balance of the inventory account at the end of the accounting period.
Is merchandise an asset or liability?
Within accounting, merchandise is considered a current asset because it is usually expected to be liquidated (sold, turned into cash) within a year. When purchased, merchandise should be debited to the inventory account and credited to cash or accounts payable, depending on how the merchandise was paid for.
What counts as inventory on a balance sheet?
Inventory is a current asset account found on the balance sheet, These statements are key to both financial modeling and accounting consisting of all raw materials, work-in-progress, and finished goods that a company has accumulated.
What is the journal entry for merchandise inventory?
The company may return the merchandise to their inventory by debiting Merchandise Inventory and crediting COGS. If a customer obtains an allowance for damaged merchandise before remitting payment, the company would debit Sales Returns and Allowances and credit Accounts Receivable or Cash.
What is included in merchandise inventory?
Merchandise inventory is finished goods that are held for sale to customers. Costs that are included in "merchandise inventory" include the cost of the product, transportation-in costs, packaging costs, transit insurance, etc.
What is the difference between cost of goods sold and inventory?
Cost of Goods Sold basically represents the cost of goods or merchandise that has been sold to customers. Unlike inventory, which is mentioned on the balance sheet, cost of goods is reported on the income statement. ... For services, the cost of goods would account for labor, payrolls, and benefits. Apr 14, 2020
How do you calculate Beginning merchandise inventory?
What is beginning inventory: beginning inventory formula Determine the cost of goods sold (COGS) using your previous accounting period's records. Multiply your ending inventory balance with the production cost of each item. ... Add the ending inventory and cost of goods sold. To calculate beginning inventory, subtract the amount of inventory purchased from your result. Aug 13, 2020
Is ending inventory a debit or credit?
Write the amount of the company's ending inventory in the debit column of the general journal. For instance, a company with $50,000 ending inventory must debit the inventory account for $50,000.
Is Accounts Receivable a liability or asset?
Accounts receivable are an asset, not a liability. In short, liabilities are something that you owe somebody else, while assets are things that you own. Equity is the difference between the two, so once again, accounts receivable is not considered to be equity.
Is Accounts Payable an asset?
Accounts payable is considered a current liability, not an asset, on the balance sheet. ... Delayed accounts payable recording can under-represent the total liabilities. Mar 27, 2020
Is capital an asset?
Capital is a term for financial assets, such as funds held in deposit accounts and/or funds obtained from special financing sources. ... Capital assets are assets of a business found on either the current or long-term portion of the balance sheet. Mar 26, 2020
What are the 4 types of inventory?
There are four types, or stages, that are commonly referred to when talking about inventory: Raw Materials. Unfinished Products. In-Transit Inventory, and. Cycle Inventory. Oct 7, 2015
Is inventory on the balance sheet?
Inventory is the goods available for sale and raw materials used to produce goods available for sale. ... Inventory is classified as a current asset on the balance sheet and is valued in one of three ways—FIFO, LIFO, and weighted average. Jul 5, 2020
What is inventory give two examples?
Inventory refers to all the items, goods, merchandise, and materials held by a business for selling in the market to earn a profit. Example: If a newspaper vendor uses a vehicle to deliver newspapers to the customers, only the newspaper will be considered inventory. The vehicle will be treated as an asset. Nov 11, 2020
How do you record adjusting entry for merchandise inventory?
This is performed by the following two adjusting entries: Debit the beginning inventory balance to Income Summary, and credit the Merchandise Inventory account. Debit the ending inventory balance to Merchandise Inventory, and credit the Income Summary account. May 6, 2015
How do you record sales transactions?
To create the sales journal entry, debit your Accounts Receivable account for $240 and credit your Revenue account for $240. After the customer pays, you can reverse the original entry by crediting your Accounts Receivable account and debiting your Cash account for the amount of the payment. May 12, 2020
How do you do inventory adjusting entries?
The first adjusting entry clears the inventory account's beginning balance by debiting income summary and crediting inventory for an amount equal to the beginning inventory balance. The second adjusting entry debits inventory and credits income summary for the value of inventory at the end of the accounting period.
What is the difference between merchandise and inventory?
This typically includes retailers, wholesalers, or distributors that purchase finished goods to sell to third parties at a higher price. Inventory that consists solely of finished goods is known as merchandise.
What two costs are included in the cost of merchandise inventory?
The cost of inventory includes the cost of purchased merchandise, less discounts that are taken, plus any duties and transportation costs paid by the purchaser.
Which costs are included in inventory?
Ordering, holding, and shortage costs make up the three main categories of inventory-related costs. Sep 23, 2015
What 5 items are included in cost of goods sold?
The items that make up costs of goods sold include: Cost of items intended for resale. Cost of raw materials. Cost of parts used to make a product. Direct labor costs. Supplies used in either making or selling the product. Overhead costs, like utilities for the manufacturing site. Shipping or freight in costs. More items...
How do you calculate cost of goods sold on a balance sheet?
The cost of goods sold formula, also referred to as the COGS formula is: Beginning Inventory + New Purchases - Ending Inventory = Cost of Goods Sold. The beginning inventory is the inventory balance on the balance sheet from the previous accounting period.
Is inventory an asset or expense?
Inventory is reported as a current asset on the company's balance sheet. Inventory is a significant asset that needs to be monitored closely. Too much inventory can result in cash flow problems, additional expenses (e.g., storage, insurance), and losses if the items become obsolete.
How do you determine inventory level?
Let's discuss some important characteristics of how retailers determine appropriate inventory levels. Meet Customer Demand. ... Lead Time. ... Higher Profit. ... Better Cash Flow. ... Forward Weeks of Supply. ... Weeks of Supply. ... Stock-to-Sales Ratio. ... Sell Thru Percent. More items...
How do you record opening inventory?
At the beginning of the financial year, create a journal entry to show the Opening Stock balance in the Profit and Loss statement: debit the Opening Stock (Cost of Sales) account. credit the Stock on Hand (Asset) account. the amount entered should be the value shown as Stock on Hand in the Balance Sheet. Feb 10, 2017
How do you calculate the value of inventory?
Inventory values can be calculated by multiplying the number of items on hand with the unit price of the items.
Is closing inventory an asset?
The closing inventory is thus a deduction (credit) in the statement of profit or loss, and a current asset (debit) in the statement of financial position. ... It may therefore be necessary to reduce the inventory figure to reflect a net realisable value below cost for the items detailed.