FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Please help me solve 16! THANK U
Two accounts that appear on the financial statements of a merchandising company but are not needed by a service company are:
A. inventory and depreciation.
B. cost of goods sold and inventory.
OC. cost of goods sold and depreciation.
OD. cost of goods sold and net income.
Click to select your answer.
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Transcribed Image Text:Two accounts that appear on the financial statements of a merchandising company but are not needed by a service company are: A. inventory and depreciation. B. cost of goods sold and inventory. OC. cost of goods sold and depreciation. OD. cost of goods sold and net income. Click to select your answer.
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