A chart of accounts for a merchandising business always uses a three-digit numbering system usually requires more accounts than does the chart of accounts for a service business usually is standardized by the FASB for all merchandising businesses usually is the same as the chart of accounts for a service business If the buyer is to pay the freight costs of delivering merchandise, deliver) terms are stated as FOB shipping point FOB buyer FOB n/30 FOB destination Which one of the following is not a difference between a retail business and a service business? in what is sold accounting equation the inclusion of gross profit in the income statement merchandise inventor) included in the balance sheet