How is the income statement of a merchandising business different from the income statement of...

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Accounting

How is the income statement of a merchandising business different from the income statement of a service business? It reports various period costs OIt reports Account Receivable It reports Cost of Goods Sold O It reports an Inventory Account
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How is the income statement of a merchandising business different from the income statement of a service business? It reports various period costs It reports Account Receivable It reports Cost of Goods Sold It reports an Inventory Account

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