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Will modern accounting software decrease job demand for accountants?:(

Merchandising Operations have a Cost of Merchandise Sold Expense account.

Manufacturers Expenses are the resources used to manufacture the goods.

It is still Revenues minus Expenses

Even though it is the same as the aging table, I think I might be doing the same project, and all we have to do is list at the end of the month the totals from the accounts pay/rec ledgers and who...