Question
Asked Nov 19, 2019
2 views

the differences between service business and merchandising business?

check_circle

Expert Answer

Step 1

Merchandise business is a kind of business wherein revenues are earned by providing or selling goods to customers.

S...

Want to see the full answer?

See Solution

Check out a sample Q&A here.

Want to see this answer and more?

Solutions are written by subject experts who are available 24/7. Questions are typically answered within 1 hour.*

See Solution
*Response times may vary by subject and question.
Tagged in

Business

Accounting

Related Accounting Q&A

Find answers to questions asked by student like you

Show more Q&A add
question_answer

Q: Exercise 10-9 On July 31, 2017, Kingbird Company engaged Minsk Tooling Company to construct a speci...

A: Compute the interest revenue, weighted-average accumulated expenditures, avoidable interest, and tot...

question_answer

Q: Equity Accounts Are there any other equity accounts than those listed below?  Additionally what is t...

A: Equity accounts show the amount due to the owners of the business.  Equity accounts comprise of capi...

question_answer

Q: Please answer 2 and 3. Thank you.

A: Ans 2. a.) Direct labor rate variance= Actual hours x actual rate - Actual hours x standard rate  Pl...

question_answer

Q: Accounting Question

A: Net income: Net income is the excess amount of revenue after deducting all the expenses of a company...

question_answer

Q: Factory Overhead Controllable Variance Bellingham Company produced 5,800 units of product that requi...

A: Overhead Variance: The overhead variance is the difference arising between the real overhead consume...

question_answer

Q: Taxation question Meal and Entertainment Expenses. Milt, a self-employed attorney, incurs the follow...

A: Click to see the answer

question_answer

Q: Road Gripper Tire Co. manufactures automobile tires. Standard costs and actual costs for direct mate...

A: Click to see the answer

question_answer

Q: Which of the following should be included in inventory on the balance sheet? Goods out on approval ...

A: Goods purchased that are in transit F.O.B destination and raw materials will be recorded and include...

question_answer

Q: Browning Company's sales budget shows the following expected total sales: Month Sales $17,000 Januar...

A: Calculation of cash inflows in April: