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List steps in the operating cycles for a service company and a merchandising company. Service company Merchandising Company Merchandising transactions are separated into two categories:

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List steps in the operating cycles for a service company and a merchandising company. Service company Merchandising Company Merchandising transactions are separated into two categories: 2. Purchase transactions occur between and Sales transactions occur between and Describe the two systems used by merchandising companies to account for inventory: Perpetual Inventory System Periodic Inventory System Systero

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