Answered

Discover answers to your most pressing questions at Westonci.ca, the ultimate Q&A platform that connects you with expert solutions. Discover comprehensive answers to your questions from knowledgeable professionals on our user-friendly platform. Discover in-depth answers to your questions from a wide network of professionals on our user-friendly Q&A platform.

promontory corporation has historically used the lifo method of accounting for inventory. in 20y1, promontory decides to switch to the average cost method of accounting for inventory. how should promontory account for this change in accounting principle in 20y1?

Sagot :

Thanks for using our platform. We're always here to provide accurate and up-to-date answers to all your queries. We appreciate your visit. Our platform is always here to offer accurate and reliable answers. Return anytime. Westonci.ca is committed to providing accurate answers. Come back soon for more trustworthy information.