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The typical accounting cycle for a merchandising firm is generally A : shorter than a service firm because there is no Supplies account to balance.

The typical accounting cycle for a merchandising firm is generally

A :

shorter than a service firm because there is no Supplies account to balance.

B :

longer than for a service firm because of the additional closing entries required.

C :

longer than for a service firm because of the additional steps to purchase and sell Inventory.

D :

shorter than a service firm because of fewer adjusting entries required.

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