CLICK HERE TO REVIEW LEARNING OBJECTIVES QUESTION 1 Not yet answered Points out of 8.00Flag question Merchandising versus Service Firm For each of the following accounts, indicate whether it would be found in the records of a merchandising firm, a service firm, or both. a. Cost of goods sold. b. Service revenue. c. Purchase returns and allowances d. Inventory e. Accounts receivable. . Accounts payable. g. Sales revenue. h. Freight-out