9 of 18 View Policies Current Attempt in Progress Which of the following statements is correct? O A merchandising company does not have a Cost of Goods Sold accountcause it does not sell goods. OA service company does not have a Cost of Goods Sold account because it does not sell goods. A service company does have a Cost of Goods Sold account because it sells a service. OA merchandising company does not have a Cost of Goods Sold account because it only sells a service. Save for Later -/1 Attempts: 0 of 1 used Subr