Week 3 accounting discussion questions

FratBro23
Category:
Accounting
Price: $10 USD

Question description

Discussion Questions: Please answer the following two questions separately. Quoted material is not allowed. Please write the answer in your own words. One paragraph for each question.

1.  How is the income statement of a merchandising company different from that of a service company?

2.  Why is inventory important for a business? How is inventory different from other assets of the business?



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(Top Tutor) Daniel C.
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