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How does the income statement of a merchandiser differ from a service company?Question content area...

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Accounting

How does the income statement of a merchandiser differ from a service company?Question content area bottomPart 1A.A merchandiser reports gross profit while a service company does notB.A service company reports net income but a merchandiser does notC.A service company reports Cost of Goods Sold while a merchandiser does notD.A merchandiser reports depreciation expense while a service company does not

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