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Explore the differences between service and merchandising companies by commenting on ONE of the following: Name a new account specifically related to merchandising companies introduced

Explore the differences between service and merchandising companies by commenting on ONE of the following:

  • Name a new account specifically related to merchandising companies introduced in Chapter 5 and briefly explain the account.
  • How is the income statement different for a merchandiser?
  • How is the balance sheet different for a merchandiser?

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