Business, 22.07.2019 20:10 myronpacis1128

In 2018, the barton and barton company changed its method of valuing inventory from the fifo method to the average cost method. at december 31, 2017, b & b's inventories were $32.6 million (fifo). b & b's records indicated that the inventories would have totaled $24.1 million at december 31, 2017, if determined on an average cost basisignoring income taxes, what journal entry will b & b use to record the adjustment in 2018?

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In 2018, the barton and barton company changed its method of valuing inventory from the fifo method...

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