Chapter 4 - Accounting for Merchandising Businesses Flashcards

1
Q

The products merchandising companies sell to customers are called ______.

A

merchandise inventory

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

The Merchandise Inventory account appears on the ______.

A

balance sheet

How well did you know this?
1
Not at all
2
3
4
5
Perfectly