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The most important difference between a retail operation and a service company on the income statement is: The owners equity is shown differently A service
The most important difference between a retail operation and a service company on the income statement is:
The owners equity is shown differently
A service companys income statement is as of a certain date, not for a period ending
A service company has no Cost of Goods Sold
A retail company includes interest in the operating expense section
There is no difference
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