Zdebczak4394 Zdebczak4394
  • 12-02-2020
  • Social Studies
contestada

One key difference appears when comparing the income statements of a manufacturing company to a merchandising company. What is that difference?

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Adematae
Adematae Adematae
  • 13-02-2020

Answer:

Cost of good sold section

Explanation:

There is no detailed cost of good sold in the income statement of merchandising because they only purchase and sell goods while manufacturing companies have a detailed cos of good sold because they manufacture the product they sell hence including all cost of production

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