Question: i just need the final answer without explanation Question Which one of the following is true concerning manufacturing and merchandising companies inventories on the balance

i just need the final answer without explanation i just need the final answer without explanation Question Which one of

Question Which one of the following is true concerning manufacturing and merchandising companies inventories on the balance sheet? A merchandiser reports its inventories as a current asset, and a manufacturer reports inventories as an expense. Finished goods is to a manufacturer what merchandise inventory is to a merchandiser O Manufacturer's include raw materials, work in process, finished goods, and cost of goods sold on the balance sheet, while merchandisers include only mer handie Inventory and cost of goods sold on their balance sheet. Raw materials is to a manufacturer what merchandise inventory is to a merchandiser

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!