The major difference in the statement of retained earnings between a service business and a Merchan
The major difference in the statement of retained earnings between a service business and a Merchandising business is A. that the retained earnings statement of a merchandising business includes dividends. B. that the retained earnings statement of a merchandising business shows the cost of goods sold. C. that the retained earnings statement of a service business includes dividends. D. nothing. There are no differences between the two.
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