(Company type) Indicate whether each of the following terms is associated with a manufacturing (Mfg.), a merchandising...
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(Company type) Indicate whether each of the following terms is associated with a manufacturing (Mfg.), a merchandising (Mer.), or a service (Ser.) company. There can be more than one correct answer for each term.
a. Prepaid rent
b. Merchandise inventory
c. Cost of goods sold
d. Sales salaries expense
e. Finished goods inventory
f. Depreciation—factory equipment g. Cost of services rendered h. Auditing fees expense i. Direct labor wages LO1
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Related Book For
Cost Accounting Traditions And Innovations
ISBN: 9780538880473
3rd Edition
Authors: Jesse T. Barfield, Cecily A. Raiborn, Michael R. Kinney
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