Business, 11.10.2019 04:30 jngonzo1226

Which of the following is a difference between the financial statements of a merchandising company and a service company?
a : a merchandising firm uses a multiple step income statement while a service firm uses a single step income statement.
b : a merchandising firm has an expense titled cost of goods sold, while a service firm does not.
c : a service firm has an asset titled supplies, but a merchandising firm does not.
d : a merchandising firm has an asset titled cost of goods sold, but a service firm does not

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Which of the following is a difference between the financial statements of a merchandising company a...

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