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What is the definition of a merchandiser

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Problem 1: What is the definition of a Merchandiser? What are the two types of merchandise inventory methods?

Problem 2: How are purchases of merchandise inventory recorded?

Problem 3: How are sales of merchandise inventory recorded?

Problem 4: What is the difference between closing entries for a merchandiser than the normal closing entries you did in the earlier chapters for service business?

Reference no: EM132835823

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