the major difference in the statement of retained


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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Accounting Basics: the major difference in the statement of retained
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