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please answer all requirements with clear notes so i am able to understand please answer all requirements with clear notes so i am able to
please answer all requirements with clear notes so i am able to understand
please answer all requirements with clear notes so i am able to understand
Selected data for three companies are given below. All inventory amounts are ending balances and all amounts are in millions. (Click the icon to view the data.) Requirement Using the above data, determine the company type. Identify each company as a service company, merchandising company, or manufacturing company. Company Ais a Data Table x Company B is a Company C is a Company A Company C Cash $ 6 $ 12 Administrative Expenses $ 4 48 Company B Wages Expense Equipment Accounts Receivable Service Revenue 32 Cash 25 10 8 8 Net Sales Revenue 75 23 65 8 4 Cash 34 12 67 Rent Expense 12 Net Sales Revenue Finished Goods Inventory Cost of Goods Sold Selling Expenses Equipment Work-in-Process Inventory Accounts Receivable Cost of Goods Manufactured Administrative Expenses Raw Materials Inventory Selling Expenses Merchandise Inventory Equipment Accounts Receivable Cost of Goods Sold 55 9 19 14 25 23 7 6 Print DoneStep by Step Solution
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