Indicate whether each of the following terms is associated with a manufacturing (Mfg.), a retailing or merchandising (Mer.), or a service (Ser.) company. There can be more than one correct answer for each term.
a. Depreciation—factory equipment
b. Prepaid rent
c. Auditing fees expense
d. Merchandise inventory
e. Sales salaries expense
f. Finished goods inventory
g. Cost of services rendered
h. Cost of goods sold
i. Direct labor wages