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Author Question: The major difference in the Balance Sheet between a service business and a merchandising business is: (Read 108 times)

Sportsfan2111

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The major difference in the Balance Sheet between a service business and a merchandising business is:
◦ that the Balance Sheet of a merchandising business includes Prepaid Expenses as a long-term asset.
◦ that the Balance Sheet of a merchandising business includes Inventory as a current asset.
◦ that the Balance Sheet of a merchandising business includes Equipment as a current asset.
◦ nothing. There are no differences between the two.


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Marked as best answer by Sportsfan2111 on Feb 18, 2020

nicoleclaire22

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Sportsfan2111

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Reply 2 on: Feb 18, 2020
Excellent


cam1229

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Reply 3 on: Yesterday
:D TYSM

 

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