Question

When a sale occurs, the invoice account selected during the set up of a product/service increases on the profit and loss statement.

a) True
b) False

Answer 1

The Louisiana Purchase significantly expanded the United States' territory, making the statement that it doubled the U.S. territory true.

Step-by-step explanation:

The Louisiana Purchase occurred in 1803, when the United States purchased approximately 828,000 square miles of land from France at a cost of around $15 million, which was an incredibly low price per acre. This land deal effectively doubled the size of the United States at the time, extending its territory westward beyond the Mississippi River, and included parts of present-day 15 states. The acquisition not only significantly increased America’s geographical size but also its potential for growth and power, bearing tremendous implications for the expansion and future of the country.