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Vic5kinsaDe
Vic5kinsaDe Vic5kinsaDe
  • 24-03-2016
  • Social Studies
Answered

An account never used in a service business is

AConsulting Fees-Revenue.
BInterest Payable.
CMerchandise Inventory.
DAccumulated Depreciation–Equipment

Verified Answer :

andriansp andriansp
  • 27-03-2016

The answer is C. Merchandise inventory

Merchandise inventory is used if the company used a physical product in their activites. A service company usually doesn't have a physical product because they're selling services ( for example a consultant company)

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