When changing from the average cost method to FIFO, the company: rev: 11_13_2020_QC_CS-240633 Multiple Choice Revises comparativ

Question

3 years ago

5

When changing from the average cost method to FIFO, the company: rev: 11_13_2020_QC_CS-240633 Multiple Choice Revises comparativ

e financial statements. Records a journal entry to adjust the book balances from their current amounts to what those balances would have been using FIFO. Provides a disclosure note explaining why the change to FIFO is preferable. All of these answer choices are correct.

Business

1 answer:

Nata [24] · Answer 1 · 2022-06-26T17:08:42+03:00

Nata [24]3 years ago

3 0

Answer:

my number is 678-918-5374

Explanation: