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Home Q & A Board Other Fields Homework Help Business Accounting
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bravata bravata
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7 years ago
The major difference in the Statement of Retained Earnings between a service business and a merchandising business is:
A) that the Retained Earnings statement of a service business includes Dividends.
B) that the Retained Earnings statement of a merchandising business includes Dividends.
C) that the Retained Earnings statement of a merchandising business shows the Cost of Goods Sold.
D) nothing. There are no differences between the two.
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Financial Accounting

Financial Accounting


Edition: 3rd
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antonio_johnantonio_john
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7 years ago
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Massachusetts Institute of Technology
-- Accounting

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bravata Author
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