how service and merchandising businesses differ from one another. Why does a merchandising business usually...

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Accounting

how service and merchandising businesses differ from one another. Why does a merchandising business usually need a more complex set of financial records than a service business? In the scenario where there are an unusual number of credit memos, what are some of the significant differences between a merchandising business and a service business? How would you handle the situation at a service company? What types of issues might you uncover?

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