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How do components of revenue and expenses differ between a merchandising company and a service enterprise?
Wiki User
∙ 11y ago
Merchandising Companies purchase and sell directly and is ordinarily longer than a service company because of the inventory and its eventual sale lengthen the cycle, which differ merchandising and service companies.
Wiki User
∙ 11y ago
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What are the differences between books of accounts of a manufacturing enterprise and a merchandising enterprise?
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How does income measurement differ between a merchandising company?
As you can see, in merchandising companies we have more special components of revenues and expenses than service companies. Besides, merchandising have two different systems periodic inventory system and perpetual inventory system. Each system has own way to count goods.
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