Question

Which of the following is not an example of a retailer? A. electronics store B. grocery store C. car dealership D. computer manufacturer E. jewelry store

Name: Problem 8, Chapter 1: Principles of Accounting Volume 1: Financial Accounting
Uploaded: 2020-04-27T06:54:01-08:00
Duration: 6 min 20 s
Channel: Puneet Prajapati
Description: Which of the following is not an example of a retailer? A. electronics store B. grocery store C. car dealership D. computer manufacturer E. jewelry store

   Which of the following is not an example of a retailer?
A. electronics store
B. grocery store
C. car dealership
D. computer manufacturer
E. jewelry store

Principles of Accounting Volume 1: Financial Accounting

Mitchell Franklin,… 1st Edition

Chapter 1, Problem 8

Instant Answer

Solved by Expert Puneet Prajapati

04/27/2020

Step 1

A retailer is a person or business that sells goods directly to the end consumer or customer. They are the final link in the supply chain that starts with manufacturers and passes through wholesalers or distributors. Show more…

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Which of the following is not an example of a retailer? A. electronics store B. grocery store C. car dealership D. computer manufacturer E. jewelry store

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Key Concepts

Retailing

Retailing is the process of selling goods or services directly to consumers for personal use. This concept involves a range of businesses that serve as intermediaries between producers and end users, including various types of stores like grocery, electronics, or jewelry stores.

Manufacturing

Manufacturing is the process of producing finished products from raw materials, often on a large scale. This concept pertains to businesses that design, assemble, and create products rather than directly selling them to consumers, distinguishing them from retailers.

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