Sandhill Inc. began operations on January 1,2023, and uses the FIFO method of pricing inventory....
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Sandhill Inc. began operations on January and uses the FIFO method of pricing inventory. Management is contemplating a change in inventory methods for The following information is available for the years : a Prepare the journal entry necessary to record a change from the FIFO method to the average cost method in Ignore tax considerations.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 debit entry before credit entry. Account Titles and Explanation Debit Credit 
Sandhill Inc. began operations on January and uses the FIFO method of pricing inventory. Management is contemplating a
change in inventory methods for The following information is available for the years :
a
Prepare the journal entry necessary to record a change from the FIFO method to the average cost method in Ignore tax
considerations.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 debit entry before credit entry.
Account Titles and Explanation
Debit
Credit
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