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FUND.ACCT.PRIN -ONLINE ONLY >I<
22nd Edition
ISBN: 9780077632878
Author: Wild
Publisher: MCG
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Chapter 18, Problem 15DQ
To determine

Manufacturing company:

Manufacturing companies produce their own goods and sell it to the merchandisers and customers.

Merchandising company:

The companies which buy its goods or products from the manufacturers and sold it to customers are termed as merchandising company.

To determine:

Besides inventories, what other assets often appear on manufacturers’ balance sheets but not on merchandisers’ balance sheets?

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