Author Question: The balance sheet of a service-sector companies would show ________. (Read 66 times)

rayancarla1 · **on:** Mar 6, 2021

Question 1

The balance sheet of a manufacturing-sector companies would report ________.
◦ only merchandise inventory
◦ only finished goods inventory
◦ direct materials inventory, work-in-process inventory, and finished goods inventory accounts
◦ direct materials inventory and finished goods inventory accounts only

Question 2

The balance sheet of a service-sector companies would show ________.
◦ work-in-process inventory, and finished goods inventory accounts
◦ only finished goods inventory
◦ direct materials inventory, work-in-process inventory, and finished goods inventory accounts
◦ no inventory accounts

itsakadoozi · **Reply #1 on:** Mar 6, 2021

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