Question.4414 - Discussion - Chapter 5What items appear in the financial statements of merchandising companies but not in the statements of service companies?
Answer Below:
Hello xxxxxxxx The xxxxx appear xx the xxxxxxxxx statements xx merchandising xxxxxxxxx but xxx in xxx statements xx service xxxxxxxxx Cost xx goods xxxxxxx is xxxxxxxxx in xxx income xxxxxxxxx and xxxxx to xxxxxxxxx the xxxxx profit xxxxxxxxxxx inventory-It xx presented xx the xxxxxxx section xx the xxxxxxx sheet xxxxx are xxxxx are xxxx for xxxxx ThanksMore Articles From ACC 101 OT 1 SU24 - Accounting I
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