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Business, 20.11.2019 01:31 vnzgirl

Nidal company reported inventory in the 2017 year-end balance sheet, using the fifo method, as $185,000. in 2018, the company decided to change its inventory method to average cost. if the company had used the average cost method in 2017, ending inventory would have been $171,000. what adjustment would nidal make for this change in inventory method?

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Nidal company reported inventory in the 2017 year-end balance sheet, using the fifo method, as $185,...
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