Which account does a merchandiser use that a service company does not use? Cost of Goods Sold Merchandise Inventory Sales Revenue All of the above

Century 21 Accounting General Journal
11th Edition
ISBN:9781337680059
Author:Gilbertson
Publisher:Gilbertson
Chapter17: Financial Statement Analysis
Section17.2: Vertical Analysis Of A Balance Sheet
Problem 1AYU
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Which account does a merchandiser use that a service company does not use?

  1. Cost of Goods Sold
  2. Merchandise Inventory
  3. Sales Revenue
  4. All of the above
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