What items appear in financial statements of merchandising c

What items appear in financial statements of merchandising companies but not in the statements of service companies.

Service companies do not purchase goods to sell them. Therefore, following items aill not appear in the financial statements of service companies:

1. Opening inventory

2. Closing inventory

3. Purchase

4. Purchase returns

5. Sales

6. Sales return

7. Cost of goods sold

8. Carriage inwards

9. Carriage outwards