29.6k views
4 votes
An account never used in a service business is

a. Consulting Fees-Revenue.
b. Interest Payable.
c. Merchandise Inventory.
d. Accumulated Depreciation–Equipment

User Gerson
by
7.2k points

1 Answer

4 votes
The answer is C. Merchandise inventory

Merchandise inventory is used if the company used a physical product in their activites. A service company usually doesn't have a physical product because they're selling services ( for example a consultant company)
User Palmplam
by
8.1k points