The current asset sections of the balance sheets of three companies follow. Which company is a service company? Which is a merchandiser? Which is a manufacturer? How can you tell?
1. Madison Company is a ___ because it has _____
2. Dean Company is a ___ because it has ____
3. Anderson Company is a ____ because it has ____
Darshita Changed status to publish August 7, 2020
Answer:
1.Madison Company is a _Manufacturer__ because it has __three kinds of inventor___
2. Dean Company is a __Merchandiser_ because it has __a single inventory account__
3. Anderson Company is a __service company__ because it has ___no inventory
Darshita Changed status to publish August 7, 2020