Question
1. How do firms decide on their choice of merchandise accounting method ( LIFO or FIFO)? 2. Does the firm's decision have to match the
1. How do firms decide on their choice of merchandise accounting method ( LIFO or FIFO)?
2. Does the firm's decision have to match the way they move items out of the warehouse?
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Accounting Principles
Authors: Jerry J. Weygandt, Valerie A. Kinnear, Donald E. Kieso, Paul D. Kimmel, Barbara A. Trenholm, Joan E. Barlow
6th Canadian Edition
1118557301, 978-1118557303
