Metlock, Inc., changed from the LIFO cost flow assumption to the FIFO cost flow assumption...
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Metlock, Inc., changed from the LIFO cost flow assumption to the FIFO cost flow assumption in The increase in the prior year's income before taxes is $ The tax rate is Prepare Metlock's journal entry to record the change in accounting principle. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select No Entry" for the account titles and enter for the amounts. List all debit entries before credit entries. 
Metlock, Inc., changed from the LIFO cost flow assumption to the FIFO cost flow assumption in The increase in the prior year's income before taxes is $ The tax rate is
Prepare Metlock's journal entry to record the change in accounting principle. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select No Entry" for the account titles and enter for the amounts. List all debit entries before credit entries.
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